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ATLANTA (BRAIN) Wahoo Fitness says its financial woes are in the past after a recapitalization eliminated debt that had crippled it after the pandemic boom in indoor exercise products. Three private equity groups helped founder Chip Hawkins pay off a public debt owed to a bank consortium; it also put capital on Wahoo's balance sheet to enable growth. ....
Wahoo Fitness has received “significant” equity support from current and new investors which will see the brand eliminate all debt and provide cash - BikeBiz ....
Wahoo Fitness has received “significant” equity support from current and new investors which will see the brand eliminate all debt and provide cash - BikeBiz ....
The company’s “successful recapitalisation” comes a month after its credit rating was lowered by two leading agencies amid missed debt service payments ....
ATLANTA (BRAIN) Wahoo Fitness says it has eliminated all its debt with a recapatilization from new and current investors. The company said its founder, Chip Hawkins, led the recapitalization. The terms are confidential but the company said it eliminated debt and provides "significant cash liquidity designed to extend the company's prominence in advancing innovation in the ....