Founder and Former CEO Partners With Private Equity Veteran to Acquire TRX

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DELRAY BEACH, FLORIDA, Aug. 29, 2022 – TRX® (“the Company”) today announced that the Founder and Former CEO, Randy Hetrick, and partner, Jack Daly, acquired the iconic, global fitness brand, TRX. Hetrick founded TRX after inventing the Suspension Trainer® as a SEAL Team Squadron Commander and will now lead the Company as Chairman with Daly, who will serve as the Chief Executive Officer.

“It’s gratifying to be back at the helm of TRX at a time when the world is emerging from COVID and the Company needs inspired, innovative leadership,” said TRX Chairman, Hetrick. “TRX remains one of the fitness industry’s most recognizable and influential global brands, and under a new, experienced management team – powered by passion and renewed vision – our brand will build on its position as the most trusted name in fitness. I couldn’t be happier to be back and to have the opportunity to bring several of my best longtime teammates back with me.”

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