Hydrow’s $25 Million Funding

Latham & Watkins LLP represented Hydrow, while Barack Ferrazzano acted as counsel to L Catterton in the transaction.

Hydrow, the Live Outdoor Reality™ (LOR) rower, has announced that it has secured US$25 million in financing led by L Catterton, a global consumer-focused private equity firm. This extension will bring the total capital raised to US$52 million.

Hydrow delivers a live, on-river, outdoor rowing experience at home that engages 86% of your muscles, compared to other forms of cardio such as biking or running.

Latham & Watkins LLP represented Hydrow in the matter with a Boston-based team led by partners John Chory (Picture) and Emily Taylor, with associates Peter Prial and Tyler Mills.

Barack Ferrazzano acted as counsel to L Catterton in this transaction with a team led by Corporate & Securities Group partner Andrew R. Grossmann, as well as attorneys Megan Ratia and Katherine E. Gause.

Involved fees earner: Katherine Gause – Barack Ferrazzano; Andrew Grossmann – Barack Ferrazzano; Megan Ratia – Barack Ferrazzano; John Chory – Latham & Watkins; Tyler David Mills – Latham & Watkins; Peter Prial – Latham & Watkins; Emily Taylor – Latham & Watkins;

Law Firms: Barack Ferrazzano; Latham & Watkins;

Clients: Hydrow; L Catterton;

Author: Ambrogio Visconti