KPS to acquire Brunswick Corp's fitness business for $490 mln

KPS Capital Partners has agreed to acquire Brunswick Corporation's fitness business for about $490 million in cash. Included in the transaction is the Life Fitness brand, a provider of commercial fitness equipment and game tables. The deal is expected to close in the second quarter of 2019. Paul, Weiss, Rifkind, Wharton & Garrison LLP provided legal counsel to KPS on the transaction.

DealsNorth AmericaUSConsumer goodsRetailBriefs