GRMN’s Fitness and Outdoor segments finished the year strong, with Fitness revenues improving 42% to $765,839,000 from $539,305,000, while Outdoor was flat at $627,611,000 against $629,373,000.

The KKR-owned Dutch bike maker will see its super senior lenders take an unspecified haircut on the company’s outstanding debt, in exchange for a controlling equity stake.

Delhi-based Davin Sons Retail Limited is expanding beyond its denim manufacturing and distribution roots into multi-brand sportswear retail, including Skechers, Reebok, Adidas, New Balance, and Crocs.

The connected rowing machine maker inked a definitive agreement to join Interactive Strength Inc., whose portfolio already includes Wattbike, Clmbr, and Forme, at a maximum enterprise value of $19.5 million if all earn-outs are achieved.

United Team Dealers is the new name of a national network of independent team dealers who have collaborated to share resources to improve turnaround times, technology, and expand product offerings.