On September 8, the two co-founders of indoor fitness racing event Hyrox, Christian Toetzke and Moritz Fürste, announced on Instagram that they have reinvested in Hyrox and regained a controlling stake in the event.
As part of the transaction, LVMH Moët Hennessy Louis Vuitton's private equity fund L Catterton and WNDR, a venture capital firm founded by Jeffrey Katzenberg and Sujay Jaswa, will join as new partners. The specific financial details of the transaction were not disclosed.
Hyrox was founded in Hamburg, Germany, in 2017. Co-founder Christian Toetzke (left in the photo above) …