TRX Completes Strategic Growth Recapitalization

Founder Partners with Industry-Focused Private Equity Firm to Power Next Chapter of  TRX’s Ongoing Mission as the Global Leader in Functional Training Solutions & Programming  

San Francisco – January 16, 2019 – TRX is pleased to announce it has successfully recapitalized the business with a strategic growth capital investment from Equity38, LLC (“Equity38”). Structured as a management buyout of previous investors by Equity38, the partnership was ideal for TRX in that it maintains the company’s existing infrastructure, led by Founder/CEO and former Navy SEAL, Randy Hetrick; while also arming TRX with the capital and significant additional category expertise and resources from Equity38, to further develop the TRX brand and business to an even higher level.

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