Hyrox Founders Join L Catterton-Led Consortium to Retake Majority Stake

Hyrox founders Christian Toetzke and Moritz Fürste are part of an L Catterton-led consortium acquiring a majority stake in the fitness competition business, alongside Jeffrey Katzenberg’s WndrCo.
The deal values Hyrox at roughly €600 million, equivalent to $698 million.
Following rapid expansion that brought the brand to more than 100 events and over 1.4 million participants for the 2025–26 season, Toetzke stated that the next growth phase will target broader participation, new product lines, and Olympic ambitions.