Latham Advises L Catterton on Acquisition of Stake in HYROX

Latham & Watkins has advised L Catterton, the largest global consumer-focused investment firm, on the acquisition by a consortium led by L Catterton of Infront Sports & Media AG’s majority stake in HYROX. L Catterton and Infront worked closely with HYROX founders Christian Toetzke and Moritz Fürste to realise this important milestone in the HYROX growth story and return the founders to a majority shareholding. 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.

The Latham team was led by London corporate partners Linzi Thomas, Jon Fox, and Tom Evans, Düsseldorf partner Heiko Gotsche, and London finance partner Hendrik Smit. 

Support on corporate matters was provided by associates Zaal Cama, Michael Czarnota, John Slater, Sarala Baskaran, Manaal Ali, Lara Stelmach, and Nicolas Ormanns. Support on finance matters was provided by associates Khayam Amin and Charlotte Hoggarth. Advice was also provided on antitrust matters by partner Anthemis Economou, with associate Anne-Claire Thery; on data and technology matters by partners Christian McDermott and John McGaraghan, with counsel Jennifer Howes, and associates Dal Lim, Gabriela Aroca Montaner, Sophia Shum, and Oluyinka (Yinka) Ogboye; on entertainment, sports, and media matters by partner Rachael Astin, with associate Jarren Wei Shen Koh; on employee matters by partner Kristina Hufnagel, with counsel Rebecca Fielding; on tax matters by partners Helen Lethaby and Verena Seevers, with counsel Daniel Hiemer; and on other related matters by partners Quentin Gwyer, Anne Löhner, and Oliver Middleton, with counsel Thomas Lane.