M&A

M&A

GlobalBees invests in fitness equipment brand Reach

BusinessLine  

GlobalBees, a “Thrasio-style” roll-up e-commerce company, has invested in fitness equipment and accessories brand, Reach. Sumeet Ubhrani and Sonal Menghani founded Reach in 2013 as a fitness equipment company that aims to promote exercise at home by renting out equipment and other accessories. Today, the company sells workout equipment, such as weights and dumbbells, commercial gym equipment, leg massagers, and other accessories.