Aerobics, Inc. (extinct)

Aerobics, Inc. (extinct)

Aerobics, Inc. (extinct)

Overview
Date Founded

1968

Headquarters

34 Fairfield Place,West Caldwell, NJ 07006

Type of Company

Private

Industries

Other Consumer Durables
Medical Products & Equipment

Company Description

PaceMaster was founded in 1968 by Bill Staub, considered by many to be one of the most influential figures in the development of treadmills. Mr. Staub was inspired by the leader in fitness science, Dr. Kenneth Cooper and incorporated the doctor's groundbreaking Aerobic Points philosophy into all PaceMaster treadmills.Their unique interactive programming evaluates your current level of fitness, helps you set goals, customizes programs and monitors and records progress. Just like a qualified personal trainer, PaceMaster treadmills do this based on proven fitness science, like Dr Cooper's Aerobic Points or its industry-leading heart rate control programs. And just like a good personal trainer, PaceMaster treadmills care about your body. That's why they install their exclusive Tri-Flex™ Impact Shock Management System in every product - so you can achieve your fitness goals while its treadmill actively manages impact shock away from your knees and other venerable joints.

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Recent Transactions
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PNC Bank Corp., Nautic Partners LLC, Aerobics, Inc. /Management, Fleet Equity Partners purchase Aerobics, Inc.

Investors
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Nautic Partners makes majority ownership equity investments of $50 million to $250 million in companies with proven business models, defensible market positions and strong growth potential. The firm focuses on investments in the business services, manufacturing, healthcare and communications sectors. Nautic Partners looks for companies with EBITDA of $10 million to $70 million. Nautic Partners invests with experienced management teams who have a significant equity ownership in the company. The firm participates in buyouts, recapitalizations, consolidations and growth financings, as well as add-on acquisitions for their existing portfolio companies..

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