Milbank Advises Financing Sources on L Catterton’s Acquisition of Hyrox

Milbank LLP has advised the financing sources in connection with L Catterton’s acquisition of a majority stake in HYROX from Infront Sports & Media AG. This new partnership brings together HYROX’s category-defining brand and community with L Catterton’s extensive experience scaling high-growth consumer and fitness businesses around the world.

HYROX has established itself as a leading global hybrid racing brand and is driving toward Olympic recognition. The company has built a unique race format combining running with functional workout stations, in which participants run one kilometer followed by one functional workout station, repeated eight times.

The Milbank team was led by European Leveraged Finance/Capital Markets partners Suhrud Mehta and Alexandra Grant, with associates Simeon-Henri de Vries and Kui To Joshua Mo and trainee Annabel McLaren. The wider team includes Corporate associates Drew MacDonald and Aoibheann Harkin, Tax partner Alan Rafferty, tax associate Eamon MacDonald and tax trainee Archie Hunt.