Consumer & Retail | Corporate Finance Advisory

Nautilus Acquires PEARL iZUMi®

  • Nautilus Inc. (NYSE: NLS) is a leading manufacturer of health and fitness products under brands including Bowflex®, Schwinn®Fitness and StairMaster® with a market value of $950 million
  • Nautilus acquired PEARL iZUMi USA, a leading provider of high-performance fitness apparel and footwear for cyclists, runners and fitness enthusiasts, for approximately $74 million
  • TM Capital Corp. provided a fairness opinion to the board of directors of Nautilus in connection with this transaction

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