Interactive Strength Inc. (Nasdaq: TRNR) has announced the completion of its all-stock acquisition of Wattbike, a leading indoor performance training bike business. This acquisition is a key part of TRNR's strategy to build a diversified global fitness platform. The integration of Wattbike is expected to be immediately accretive to TRNR's results, contributing to a projected pro forma revenue exceeding $75 million for 2025. The company is also on track to finalize its acquisition of Sportstech in the third quarter, further enhancing its growth prospects. Stephen Loftus, CEO of Wattbike, expressed enthusiasm about the partnership, highlighting the potential for growth through TRNR's unique portfolio and focus on cost-effective technology.
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