Wahoo Fitness Founder Buys Company Back
Facing a liquidity shortfall and the possibility of default, the bike training equipment maker has fully recapitalized its business and eliminated all of its debt, led by Wahoo founder Chip Hawkins as well as new and current investors. The confidential terms also provide significant cash liquidity for product innovation. Last month, Moody’s downgraded Wahoo’s ... Log in to view full article.
