Catapult's Latest Acquisition Sounds Like a Fairytale -- Market Talk

Dow Jones

2025/06/05

0045 GMT - Catapult Group International's CEO talks about the sports-tech provider's latest acquisition as though it's a fairytale. "Most of the times, we're seeing a lot of frogs and we're not seeing a lot of princes," Lopes says on an investor call. He says Catapult acquired strength-training tech provider Perch for US$18 million after management there rethought the company's growth strategy and cash profile. Lopes has previously talked about how he receives one or two pitches a week from wannabe targets, many with unrealistic valuation aspirations. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 04, 2025 20:45 ET (00:45 GMT)

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He says Catapult acquired strength-training tech provider Perch for US$18 million after management there rethought the company's growth strategy and cash profile. Lopes has previously talked about how he receives one or two pitches a week from wannabe targets, many with unrealistic valuation aspirations. 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He says Catapult acquired strength-training tech provider Perch for US$18 million after management there rethought the company's growth strategy and cash profile. Lopes has previously talked about how he receives one or two pitches a week from wannabe targets, many with unrealistic valuation aspirations. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 04, 2025 20:45 ET (00:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7084","symbol_name":"电子设备和仪器","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2541018139","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541018139","pubTimestamp":1749084300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0045 GMT - Catapult Group International's CEO talks about the sports-tech provider's latest acquisition as though it's a fairytale. \"Most of the times, we're seeing a lot of frogs and we're not seeing a lot of princes,\" Lopes says on an investor call. 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He says Catapult acquired strength-training tech provider Perch for US$18 million after management there rethought the company's growth strategy and cash profile. Lopes has previously talked about how he receives one or two pitches a week from wannabe targets, many with unrealistic valuation aspirations. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 04, 2025 20:45 ET (00:45 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}