Foley Represents Skōp in Acquisition by Peloton
Foley & Lardner LLP represented Skōp in its strategic acquisition by Peloton.
Skōp, an early innovator in connected Pilates, brings foundational technologies and specialized expertise that will help Peloton build on its at-home Pilates offerings and further its multi-year innovation agenda to become a global leader in connected fitness and wellness. The acquisition will enhance Peloton’s research and development efforts in Pilates in an environment of accelerating demand and support the continued expansion of Peloton’s existing strength and wellness ecosystem.
This matter reflects the collaborative efforts of Foley’s broader client team for Skōp, led by Kendall Waters (Consumer Products), Robert Okonowski (IP), and Matt Kiel (Transactions). Foley’s transaction team was led by Matt Kiel, with additional support for this transaction provided by associates Amelia Dahl and Kenneth Johnson (Transactions), partner Christopher King (IP), senior counsel Kelsey O’Gorman and associate Sam Adams (Employee Benefits & Executive Compensation), partner James Howard (Tax), partner Chanley Howell and associate Lauren Hudon (Technology Transactions), and senior counsel Michael Ryan (Labor & Employment).