For more information on Therabody’s latest products and to stay up to date on company news, visit and follow the brand on social media via Instagram, Facebook, and Twitter. grown and USDA Certified Organic CBD line, TheraOne. In 2020, Theragun rebranded to Therabody™, continuing its mission to provide natural wellness solutions through innovation in the percussive massage therapy space, developing and introducing the first of its kind Smart Percussive Therapy™ technology, seamlessly connecting to the Therabody app via Bluetooth®, as well as launching its own U.S. Theragun is the most trusted percussive massage therapy device among professional sports teams, professional athletes, celebrities, world-renowned trainers, physical therapists, and people in more than 60 countries. Building on over a decade of research and development, the brand's gold standard Theragun Percussive Massage Therapy devices use proprietary state-of-the-art technology to effectively reduce muscle tension, accelerate recovery, and improve performance. Jason Wersland after suffering a life-altering injury. Theragun® was created in 2008 and officially launched in 2016 by chiropractor Dr. We are excited to see what is yet to come from such an extraordinary growth engine in the tech-wellness category.” This transaction marks yet another post-COVID financing transaction for FocalPoint’s Capital Markets team, and highlights our ability to get results, even in the most challenging of financing environments.” Clay Bryan, Managing Director at FocalPoint, added, “Therabody has strong credit fundamentals and will benefit from a scalable low-cost credit solution in this transaction. FocalPoint is pleased to have assisted the Therabody team in accessing refinancing alternatives as it enters the next phase of its business growth and brand evolution. Rob Deutschman, Managing Director at FocalPoint, commented, "Therabody has built an impressive business that is focused on providing a whole body wellness solution for its customers. This refinancing will provide us with the flexibility we need to execute our strategic growth initiatives.” “FocalPoint ran a targeted and efficient process that provided Therabody with multiple options and structures to choose from and seamlessly led us to a successful closing. “We are excited to work with JPMorgan Chase during this critical growth phase of our Company,” said Benjamin Nazarian, CEO of Therabody. The Company’s products are sold through eCommerce channels and commercial retailers, including some of the largest big-box and sporting goods retailers, as well as highly popular specialty retailers, and are available in more than 60 countries. Therabody’s solutions are relied on by more than 250 professional sports teams and countless weekend warriors and fitness enthusiasts across the globe for training, recovery, and injury prevention, and are also used by medical professionals and consumers for the treatment of pain, injuries, and various ailments. To date, the Company released its fourth generation of Theragun devices, launched TheraOne™, introduced Therabody University, the Company’s educational division, and acquired RP Sports and clinical Pneumatic Compression Technology, RecoveryPump®. Since its founding, Therabody has evolved from a single device into an ecosystem of comprehensive, industry-leading wellness products that are at the intersection of fitness & recovery and pain management. Therabody is a global innovator of wellness technology and the creator of the world’s first-ever percussive therapy device, Theragun, which is used to treat muscle tension, accelerate recovery, and improve athletic performance. FocalPoint Securities, LLC (“FocalPoint”) served as Therabody’s exclusive financial advisor on the transaction. d/b/a Therabody™ (“Therabody” or the “Company”) has announced the successful closing of a debt refinancing with JPMorgan Chase ("JPMorgan"). Member Search: SFNet Annual Member Pricing.SFNet International Finance & Development Committee.Diversity, Equity and Inclusion Committee.SFNet Committee Articles, Data and News.Listing of State-by-State Financial Disclosures Legislation.SFNet Compendium of Secured Finance Law.Asset-Based Lending & Factoring Surveys.Impactful Leadership for High Potentials.SFNet Emerging Leaders Summit (YoPro Leadership Summit).SFNet's Women in Secured Finance Conference.SFNet's International Lending Conference.SFNet Hall of Fame – Lifetime Achievement Awards 2023.2nd Annual SFNet Cross-Border Finance Essay Contest.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |