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Three Elite Firms Provide Pedal Power For Peloton Deal

Dec 23, 2020 - Legal Week
Mergers and Acquisitions

Kirkland & Ellis, Allen & Overy and Fenwick & West have taken roles on interactive fitness platform Peloton's acquisition of fitness equipment provider Precor.

The deal, which will see Peloton purchase Precor for $420 million, is set to boost Peloton's U.S. manufacturing capacity, boost research and development capabilities, the company said in a statement.

Precor is owned by Finnish sporting goods company Amer Sports and its investor consortium, which is made up of...