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TrainingPeaks Acquires indieVelo, Launches TrainingPeaks Virtual

RECENTLY ACQUIREDOct 29, 2024

Acquiring Company

TrainingPeaks

Acquired Company

indieVelo

LouisvilleLondonSportsTrainingFitnessSportsEsports

Description

TrainingPeaks, the industry-leading training app for endurance coaches and athletes, has acquired virtual cycling platform indieVelo and launched it as TrainingPeaks Virtual. This acquisition strengthens TrainingPeaks' commitment to providing coaches with a seamless suite of tools and reinforces the brand's focus on providing a complete indoor and outdoor training experience for athletes year-round.

Quick answer

TrainingPeaks is acquiring indieVelo, announced October 29, 2024. TrainingPeaks is based in Louisville, Colorado, United States.

How much did TrainingPeaks pay for indieVelo?
The deal value was not disclosed.
What does TrainingPeaks do?
TrainingPeaks is an industry-leading training app for endurance coaches and athletes, offering personalized training plans, accredited coaches, and easy-to-use apps and integrations to track progress and reach goals.
Where are TrainingPeaks and indieVelo based?
TrainingPeaks is based in Louisville, Colorado, United States. indieVelo is based in London, England, United Kingdom.
Who are the decision-makers at TrainingPeaks?
Fundz holds 2 contacts at TrainingPeaks. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Sports and Training

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

TrainingPeaks

Location

Louisville, Colorado, United States

About

TrainingPeaks is an industry-leading training app for endurance coaches and athletes, offering personalized training plans, accredited coaches, and easy-to-use apps and integrations to track progress and reach goals. TrainingPeaks is committed to providing the most complete and integrated suite of tools for coaches and athletes to train on their terms — indoor or outdoor, year-round.

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Frequently asked

Who acquired indieVelo?

indieVelo was acquired by TrainingPeaks, based in Louisville. The deal was reported on October 29, 2024. TrainingPeaks is an industry-leading training app for endurance coaches and athletes, offering personalized training plans, accredited coaches, and easy-to-use apps and integrations to track progress and reach goals. TrainingPeaks is privately held and operates in Sports.

When did TrainingPeaks acquire indieVelo?

TrainingPeaks's acquisition of indieVelo was reported on October 29, 2024. TrainingPeaks, the industry-leading training app for endurance coaches and athletes, has acquired virtual cycling platform indieVelo and launched it as TrainingPeaks Virtual. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does indieVelo do?

indieVelo is first and foremost a community of people who share a vision of what online cycling and esports could be. Together we are a new and innovative physical esports platform, defining the future of virtual sport. It is privately held, operating in Sports, and is based in London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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