Exercise/Fitness

7/3/2025 |  Interactive Strength Completes Wattbike Acquisition (SGB UPDATE) Interactive Strength, Inc., owner of the CLMBR and FORME specialty fitness equipment brands and pending acquirer of Sportstech, has completed its previously announced all-stock acquisition of Wattbike.
The closing follows the approval on June 18, 2025, from the UK Financial Conduct Authority and the satisfaction of all material conditions of the binding transaction agreement signed in April 2025. 

6/19/2025 |  Life Time’s Debt Upgraded on Improved Performance (SGB UPDATE) S&P Global Ratings upgraded Life Time Inc., citing the fitness club operator’s strong performance with healthy underlying demand and membership trends driving EBITDA growth and leverage reduction.
S&P said it expects the company will increase revenue 12 percent-15 percent, in line with management’s guidance for 2025.

6/13/2025 |  Strava Nets $2.2 Billion Valuation in Funding Round (SGB UPDATE) Strava, the running and exercise app, earned a $2.2 billion valuation after raising an undisclosed amount of new funding including debt, The Wall Street Journal reported. The funding follows the acquisitions earlier this year of AI-driven training apps Runna and The Breakaway and continued growth of the platform to over 150 million users globally.

6/12/2025 |  GymGuyz Franchise to Open in Atlanta (SGB UPDATE) GymGuyz, a franchise company specializing in in-home mobile personal training, is now serving the Southwest Atlanta area through local husband-and-wife team Joel and Erin Castro.  The Atlanta, GA, location will host a grand opening on July 17.

6/9/2025 |  Beyond Yoga Opens First East Coast Store (SGB UPDATE) Beyond Yoga opened a store in Greenwich, CT, marking its first store on the East Coast and its largest to date.
The 2,760-square-foot store offers the Los Angeles-based brand’s largest assortment among its stores, featuring collections across women’s, men’s, and maternity apparel. It features an open layout with natural materials and includes a preserved historical window that allows natural light into the fitting room area. Shoppers can enjoy coffee, tea, and water, and the location includes a patio space for community events.