Core Health & Fitness LLC announced that it had acquired Wexer Holding, LLC, a specialty brand in digital health and fitness. Financial terms of the transaction weren’t disclosed.
The deal will provide Wexer with the funding to scale its business through acquisitions to consolidate the digital fitness category and drive digital adoption.
Jason Leone, president, Core Health & Fitness, said, “Coming out of COVID, commercial customers across gym and vertical market categories are placing an increased emphasis on connected fitness. Though many consumers are returning to in-person workouts, they expect to continue to complement these with connected fitness workouts, highlighting