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Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstalliFIT acquired Sweat in a deal completed on June 30, 2021, and announced publicly on July 13. The founders later bought back control, according to December 2023 industry reporting; the price was not disclosed. The 2021 SEC filing reports cash, stock and contingent payments—not a confirmed $400 million cash sale.
Who owns the Sweat app now?
In December 2023, industry reporting said Sweat founders Kayla Itsines and Tobi Pearce had bought back control of the business from iFIT. A Grant Thornton deal tracker also describes the buyback price as undisclosed. The available sources do not establish the exact amount paid or every detail of Sweat’s corporate structure after the transaction. (industry report; Grant Thornton deal tracker)
That means the answer depends on the date: iFIT acquired Sweat in 2021, while later reporting says the founders reacquired control in 2023. Sweat’s current company page continues to describe an active app and its fitness library. (Sweat About)
What did iFIT pay for Sweat in 2021?
iFIT’s SEC registration statement reports a structured transaction: $37.5 million in cash, $40 million in stock and up to $70 million in deferred consideration. The filing is the clearest available primary account of the consideration; it does not establish a $400 million cash purchase price. (iFIT SEC registration statement)
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- 5 STACKABLE RESISTANCE LEVELS — Train with 10, 20, 30, 40 or 50 lb, or connect multiple tube resistance bands with handles for up to 150 lb. The 10 lb steps make it easy to adjust resistance for warmups, mobility, strength training and progressive workouts.
- MULTI FUNCTION & PORTABLE: Our resistance bands for working out can apply to different types exercise. Great for toning your arms,shoulders, chest, gluts, legs etc.Also comes with convenient travel pouch,You can take them outside, to the gym, wherever you want to work out
- HIGH QUALITY MATERIALS: Bands for working out is made of natural latex. Strong wear resistance and perfect elasticity, steel metal buckle for stronger strength, non-slip handle, comfortable and absorbent
- YOUR HOME GYM: Our work out bands includes 5 exercise bands, 1 door anchor, 2 cushioned handles, carrying case and user manual to allow you to perform the widest variety of resistance training exercises possible at home
- SUITABLE FOR DAILY USE: Each exercise bands set is carefully constructed to resist snapping and breaking, which are able to withstand intense daily exercise sessions.Now enjoy the exercise with WHATAFIT resistance bands set
| Consideration component | What the 2021 SEC filing says |
|---|---|
| Cash | $37.5 million |
| Stock | $40 million in iFIT Class A common stock, to be issued following iFIT’s IPO at a 10% discount to the offering price |
| Deferred consideration tied to Sweat revenue | Up to $30 million, dependent on Sweat business revenue during the three years after acquisition |
| Royalties tied to equipment sales | Up to $40 million based on iFIT interactive fitness equipment sales generated by the Sweat team over five years |
| Adjustment | The filing also notes an approximately $4 million upward adjustment relating to debt, working capital and transaction expenses |
The filing says payments to the sellers were to be made in Australian dollars at an agreed exchange rate of AU$1.2985 per US$1. The contingent components were conditional, so adding them to the cash and stock does not mean the sellers received the maximum possible amount. The filing describes the 2021 acquisition only; it does not reveal what the founders later paid to regain control.
Why headlines cited $400 million
Press coverage at the time circulated larger valuation estimates, including $400 million. That figure was not the financial terms in iFIT’s announcement, which said terms were not disclosed, and it is not the cash amount stated in the SEC filing. Treat it as a reported estimate rather than a verified sale price. (iFIT’s July 2021 announcement; SEC filing)
Rank #2
- Elastic rhythm, quality life: The resistance bands is made of selected elasticity TPE material, which will not slip when sweating during exercise, provides steady, uniform resistance; it resists deformation from repeated use and keeps elasticity long-term
- Revitalize full body muscle: We offer exercise bands with a strength range of 5-125 LBS; a set of resistance bands for working out can unlock full body muscle training, meeting the comprehensive shaping of leg, back, arm, hip, and abdominal muscles
- Empowering diverse sports: Pull up bands support strength moves like bench, squats, shoulders, and explosive drills for speed and jumping; pull up assistance bands also great for push-ups and pull-ups, helping break plateaus and boost precision
- Your pocket sized gym: Roll the stretch bands for exercise into sport bag; workout anytime, anywhere, no gym needed; resistance loop bands can be used indoors, outdoors, or the gym, fit right into your space; unlock freedom workout, keep your ideal shape
- The ideal gift for conveying love: Workout bands are a nice gift to health; In busy work and life, people often overlook the importance of exercise; stretch bands can help others better maintain a healthy lifestyle, improve their sense of happiness
When was the acquisition announced and completed?
The public announcement and legal completion occurred on different dates. iFIT announced the acquisition on July 13, 2021; its SEC filing says the acquisition completed on June 30, 2021. (iFIT announcement; SEC filing)
At the time, iFIT said Sweat would remain a standalone brand within the company and that Itsines and Pearce would continue in their roles. Those statements describe the arrangement announced in 2021, not the later reported buyback. (iFIT announcement; Business Wire announcement)
Rank #3
- 5-Level Resistance Bands for Full-Body Workouts: Achieve up to 150lbs total resistance with 5 stackable training bands (10-50lbs each). Perfect for home gym equipment enthusiasts, these heavy-duty resistance bands adapt to muscle-building, fat-burning, or rehab goals. Ideal for beginners to athletes seeking full-body workout bands.
- Premium Heavy-Duty Design for Safety & Durability: Crafted from natural latex with steel buckles and non-slip cushioned handles, our exercise bands with handles ensure secure grip and joint protection. The steel buckles and non-slip cushioned handles ensure safety during intense workouts, while the sweat-absorbent grips provide comfort for hands.
- Burn Fat & Build Muscle Effectively: These exercise bands for physical therapy and strength training are scientifically designed to: Boost stamina and improve coordinatio, Enhance flexibility and range of motion, Target full-body muscle groups (shoulders, arms, legs, core). Perfect for athletes, seniors, or anyone seeking a portable gym alternative.
- Physical Therapy & Recovery Support: Trusted for rehab, these door anchor resistance bands help restore mobility, strengthen muscles, and accelerate recovery, provides both positive and negative force on muscles and joints, stretches tones and conditions all major muscle groups. Ideal for physical therapy bands users or seniors rebuilding motor function.
- Portable Fitness Equipment for On-the-Go Training: Includes 5 bands, 2 handles, 1 door anchor, and a travel-friendly carry bag. Use these portable fitness equipment for yoga, Pilates, HIIT, strength training, power weight programs—anytime, anywhere. Compact design fits home, outdoor, or office workouts.
What did iFIT acquire?
Sweat was founded in 2015 by Itsines and Pearce, growing from Itsines’ fitness guides and workout program. In its 2021 announcement, iFIT described an app with more than 5,000 workouts across 26 programs, covering HIIT, strength, yoga, barre and Pilates. It reported more than 450,000 paid subscribers as of May 31, 2021, and more than 50 million social followers. These are historical company figures, not current audience counts. (iFIT announcement; SEC filing)
Sweat’s current About page lists more than 60 programs and 13,000 workouts, availability in over 145 countries and eight languages, and a seven-day free trial. These are current company-reported product details and may change; they should not be read as a like-for-like comparison with the dated 2021 figures. (Sweat About)
Rank #4
- 【6 Levels 310lbs Heavy Resistance Bands Set】With 6 different resistance levels(20 lbs, 30 lbs, 40 lbs, 60 lbs, 70 lbs ,90 lbs), You can freely combine our exercise bands according to your strength! Adjust 20 pounds to 310 pounds as you like, this set of high-quality resistance bands can meet your workout needs and give you a lot of room for improvement.
- 【Equipped with 2 Pairs of Soft Handles】Extra one pair handles we provide, that allow you exercise wIth your lover or friends, and this high-quality handles is made of thickened foam material, reinforced stitching and steel D-ring. The thickened foam material absorbs sweat and slips, which can protect our palms well and make the fitness experience better.
- 【Portable Private Gym】Our workout band set include with adjustable ankle strap and door anchors works seamlessly with all exercise programsm, whether you're at home, in the gym, outdoors, or traveling. You only need to bring this lightweight resistance band set, no need for bulky equipment to perform a variety of effective exercises and work out different muscle groups. and the high-quality cushioned door anchor protects the resistance band from wear and tear during use.
- 【Safe and sturdy】Our resistance bands are made with natural latex materials, making them more sturdy and elastic for a longer service life. No need to worry about breakage, which are perfect for physical therapy,muscle training and fat burning. You can use them for squats, push-ups, leg raises, planks, and tricep strengthening. The ankle straps are great for leg muscle workouts, and women can use them to train their hips, chest, and abs for a perfect body curve
- 【True Lifetime Satisfaction】We believe in creating durable and long-lasting fitness products that support every rep, every workout, and every goal. That's why we offer a replacement guarantee on every product we provide. If you're looking for real resistance instead of those cheap and flimsy 150-pound bands, treat yourself to a set of high-quality resistance bands today!
How equipment fits into the app
Sweat’s support guide says a workout overview can show the equipment required, and its app guide describes substituting exercises to match equipment members have available. Resistance bands can therefore be one optional accessory for some home strength workouts, not a requirement for every program or an endorsement of a particular brand. (Sweat workout overview guide; Sweat exercise substitution guide)
Quick Recap
Best Value
- Premium Package: WIKDAY professional resistance loop bands includes 5pcs different levels , they are all 12in length and 5in width, but different thickness. According to your training needs at different stages, you can match the exercise bands with the appropriate resistance level, So Whether you are a fitness beginner, or a exercise warrior, WIKDAY workout bands will be your perfect choice
- Perfect for Any Workout: All fitness programs are inseparable from resistance bands, the stretch bands can be used for workout, stretching, strength training, rehabilitation and more. We will provide you with an instruction manual with a large number of different illustrated exercises. Even if you are a exercise beginner, you can also exercise according to the movements. Now enjoy a workout with the WIKDAY resistance band set
- Solid and Hard-wearing: Made of the high quality natural rubber, bands for working out will maintain their resistance for a long time, extreme stretching, not afraid of high-intensity pulling. Please do not expose to the sun directly, will affect the service life of the product
- Multifunctional Workout Bands: For fitness and exercise enthusiasts, workout bands are the best auxiliary exercise product, and just as importantly, physical therapists are very fond of using physical therapy bands as an aid in the rehabilitation of their patients. It can be used for back, arms, legs, buttocks, knees, shoulders, ankles, stomach etc., not only for people who are injured, but also for women to maintain a perfect shape
- Anywhere to Use: WIKDAY provide carry bags, the most important is mini loop bands are light weight and takes up little space, you can exercise at any time and at home, gym, office or even on the road
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
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