Randy Hetrick, the founder and former CEO of global fitness brand TRX, has teamed with private equity veteran Jack Daly, top acquire the business.
Hetrick founded TRX after inventing the Suspension Trainer as a SEAL Team Squadron Commander and will now lead the Company as Chairman, while Daly will serve as Chief Executive Officer.
Hetrick led TRX for more than 15 years before selling a controlling interest in the Company and moved on to found the new outdoor mobile fitness venture, OutFit.
Daly, a former Partner, and Investment Committee Member of both Goldman Sachs’ Merchant Banking Division and TPG Capital, has a 25-year track record of investing in and building large companies through control transactions. Daly is also a fitness enthusiast and serves as the Treasurer of the Navy SEAL Foundation, where he has served as member of the Board of Directors for over nine years.
