The bankrupt suspension trainer company sold for a winning bid of $8.4 million at an Aug. 17 auction, made by its founder and former CEO, Randy Hetrick, backed by Jack Daly and his private equity firm, JFXD Capital. Hetrick, who founded TRX in 2004 and ran it for 15 years before selling it to start mobile fitness venture, OutFit, will return as CEO, with Daly serving as Chairman. There were ... Log in to view full article.