NOTTINGHAM, United Kingdom (BRAIN) — Interactive Strength Inc. has agreed to acquire Wattbike, an indoor stationary bike training platform, in an all-stock transaction.
The Wattbike shareholders are locked up until at least June 2026, according to a Wattbike news release, and the acquisition does not have a financing contingency. Interactive Strength — listed on Nasdaq as TRNR — sells fitness equipment under the CLMBR and FORME brands.
The acquisition is expected to be completed as early as the second quarter and Wattbike's revenues will immediately be added to TRNR's results.
"This deal gives our latest product launches and renewed growth a larger, scaled platform for marketing and distribution that will dramatically and cost effectively accelerate our expansion across key international markets, while staying true to our commitment to deliver world-class training solutions for athletes and fitness enthusiasts alike," said Stephen Loftus, Wattbike CEO. "It's also exciting to become a key part, and driver, of a high-momentum business like TRNR that's natively aligned with our own growth and expansion goals, the importance of quality offerings, and focused specifically on the fitness, health and wellness markets."
The acquisition, according to both companies, will leverage shared international distributors — Woodway in the U.S. and Germany, and MeFit Pro in the Middle East. Wattbike and Interactive Strength also have commercial agreements with gyms and direct-to-consumer sales. In addition, Interactive Strength's Quality and Supply team in Taiwan works with Wattbike's manufacturer, AIPS Technology, a Giant Manufacturing subsidiary.
