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Article Date: July 2020
Word Count: 126

Nautilus Shopping Octane Fitness

NLS plans to divest its commercial fitness business to focus entirely on the home exercise equipment market, and has hired investment banker, William Blair, to find a buyer. It acquired Octane in early 2016 for $115 million to broaden its range to commercial equipment and higher-end home elliptical machines. After a strong start under Nautilus ownership, Octane’s growth leveled out, and it has ... Log in to view full article.


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