Under Armour Acquires MapMyFitness for $150,000,000

  • Feed Type
  • Date
    11/14/2013
  • Company Name
    MapMyFitness
  • Mailing Address
    610 West 5th Street Austin, TX 78701
  • Company Description
    We target players across the health and fitness spectrum, including healthy and active individuals, race and event directors, and fitness and wellness oriented community groups and clubs.
  • Website
    http://www.mapmyfitness.com
  • Transaction Type
    M&A
  • Transaction Amount
    $150,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Under Armour intends to initially finance the $150 million acquisition of MapMyFitness with borrowings under its existing revolving credit facility, cash on hand or a combination thereof, while it evaluates longer-term funding options for the transaction.

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