Global law firm White & Case LLP has advised Wattbike, the developers of indoor training bikes, on an investment by Piper, a consumer focused investment firm.
White & Case partner Mike Weir, who co-led the Firm's deal team, said: "Rich and his team have built an incredible product and brand with Wattbike. We look forward to working with them through the next stage of their growth and beyond."
Founded in 2008, Wattbike has developed a range of accurate, reliable and measurable indoor bikes that are supported by a number of digital products to create one of the most highly regarded performance-led training offerings. Wattbike has become the bedrock of training programs used by elite sports teams and professionals across the world.
"We are thrilled to be working with Piper as we as we look to expand our global presence and grow our brand. It was a pleasure to work with the White & Case team who were tireless in their support throughout the process," said Wattbike's CEO, Rich Baker.
The White & Case team in London which advised on the transaction was led by partners Emmie Jones and Mike Weir and included associates Joe Bradley, Stephanie Ma and Harriet Doble.
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