TRX Founder Randy Hetrick buys TRX for $8.4 million.
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August 30, 2022

News

TRX Founder Randy Hetrick Buys TRX for $8.4 Million in Bankruptcy Auction

After filing for Chapter 11 in June, TRX has been bought by Hetrick and Jack Daly, who heads JFXD Capital. JFXD Capital offered the winning bid of $8.4 million at an Aug. 17 auction.

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Three Former Owners of Yoga to the People Arrested on Tax Charges

The three leaders of Yoga to the People, which was founded in 2006 and closed in 2020 after multiple allegations of discrimination and sexual assault, were arrested for allegedly failing to file tax returns or pay taxes from at least 2013 to 2020.

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Sibec North America Expanding, Changing Name to Sibec Americas

Due to demand, Sibec is expanding to include buyers in Central America and South America, necessitating a name change to Sibec Americas.

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From Club Industry

Fitness Leaders Unite at the Club Industry Executive Summit

Find out more about the most influential gathering for the fitness and wellness industry. Focused on education to help you grow your business, the Club Industry Executive Summit is for owners and the top executives at commercial clubs, studios, not-for-profit organizations, university rec centers and medical/wellness facilities. The event brings together executive leaders to network, discuss trends, share insights and address the unique issues the industry faces today.

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Technology and the Fitness Industry Today

Club Industry’s latest free report shares insights from some technology experts and industry suppliers about how technology is revolutionizing the fitness business.

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