POWERHANDZ Inc. Announces Cash Tender Offers and Capital Funding from Vanguard
“This union comes at a time when we’ve made tremendous strides as a small business who had to build its own blueprint in the sports and fitness industry, focusing on professional leagues down to recreation leagues and the general fitness community,” said Danyel Surrency Jones, Chief Executive Officer, POWERHANDZ. “This transaction is an exciting next step that will not only supercharge our mission but will allow us to deliver a 360-degree performance model focused on innovation, wealth building and serving our community. I am proud of everything I have built for the last 8 years. Leveraging Vanguard’s portfolio companies and financial expertise will assist POWERHANDZ in navigating through the complexity of manufacturing and its tech expansion. I will be working closely with this team to transition my successor and will remain on the board as the largest shareholder to date.”