Tag Archives: Life Fitness Spinoff

Brunswick Sells Life Fitness To KPS Capital Scrapping Planned Spinoff

Brunswick (BC) announced earlier this week that private equity firm KPS Capital Partners will acquire its fitness business for $490m in cash, ending the unit’s planned spinoff. Brunswick paid over $300m for the business back in 1997, but sales have been declining over the past few years. Brunswick CEO David Foulkes noted that ‘with the sale of theā€¦ Read More »