Below is the direct Press Release from Garmin about their recent acquisition of TrainingPeaks.
SCHAFFHAUSEN, Switzerland/July 22, 2026 — Garmin Ltd. (NYSE: GRMN) today announced it has acquired the TrainingPeaks and TrainHeroic training platforms for athletes and coaches. The acquisition strengthens Garmin’s fitness ecosystem with customizable coaching experiences for endurance, strength and performance-focused athletes across every stage of their fitness journey.
“TrainingPeaks and TrainHeroic share Garmin’s passion for empowering athletes and coaches around the world with world-class training tools, performance metrics and actionable insights. The addition of these highly successful platforms to the Garmin ecosystem will expand access to more authentic coaching experiences—connecting athletes with professional coaches who guide, motivate and inspire them to reach their goals.” –Brad Trenkle, Garmin Co-Chief Operating Officer
“We’re thrilled to join forces with Garmin to advance our shared mission of empowering coaches and athletes with science-based training. For over a decade, we’ve worked together to democratize coaching and performance insights, helping millions of athletes reach their peak through data-driven, structured training.” –Andy Stephens, CEO of Peaksware Holdings, parent company of TrainingPeaks and TrainHeroic
TrainingPeaks and TrainHeroic are digital services specializing in connecting coaches and athletes of all abilities who are looking to improve. Headquartered in Louisville, Colo., 120 combined associates from TrainingPeaks and TrainHeroic will join Garmin’s global workforce. Financial terms of the acquisition will not be disclosed.
Engineered on the inside for life on the outside, Garmin products have revolutionized the aviation, automotive, fitness, marine and outdoor markets. Dedicated to helping people make the most of the time they spend pursuing their passions, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday.
