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L Catterton-Led Consortium Buys Majority Stake in Hyrox

The transaction shifts control to private-equity partners while keeping the founders involved to scale events, broaden product offerings, and pursue Olympic recognition.

Overview

  • Infront Sport and Media has sold its majority stake in Hyrox to a consortium led by private-equity firm L Catterton with participation from founders Christian Toetzke and Moritz Fürste and investor WndrCo.
  • The deal is reported to value Hyrox at about $600 million, a figure described in coverage as understood rather than formally disclosed.
  • Co-founder Moritz Fürste said the acquisition is a “pivotal next step” and both founders will stay involved to shape the company’s direction.
  • Christian Toetzke said the business will focus on expanding events, investing in new products and pursuing longer-term Olympic ambitions as part of its growth plan.
  • Hyrox built its value by turning fitness races into a global consumer brand with events, training programs and affiliate gyms and the company reported rapid revenue and participation growth that private capital aims to scale further.