Fenwick & West represented Peloton Interactive, Inc., a leading technology startup revolutionizing the fitness sector, in its acquisition of Neurotic Media LLC, an Atlanta-based digital music aggregator, streaming and download source. Financial terms of the transaction were not disclosed.
As Peloton’s first-ever acquisition, it marks a major milestone that further solidifies Peloton’s leadership in the fitness technology and media industry. Peloton will integrate Neurotic Media’s technology and innovations to enhance its members’ music experience worldwide. More information about Peloton’s acquisition of Neurotic Media can be obtained from the company announcement.
The Fenwick transaction team included corporate lawyers Ethan Skerry, Cindy Hess, Brian Hicks, David Frydman and Óisín O’Callaghan; technology transactions lawyers Mark Ostrau, Joseph Schenck and Arjun Ravi; executive compensation and employee benefits lawyers Scott Spector, Marshall Mort and Hans Andersson; and tax lawyers Will Skinner and Ora Grinberg.