Garmin today announced that it has acquired both TrainingPeaks and TrainHeroic, bringing together the technology wearables company with the high-powered analytics, athlete relationship, and training platform.
Terms of the acquisition were not released.
In a post on LinkedIn, co-founder of TrainingPeaks Dirk Friel wrote, “Today marks a monumental milestone in the evolution of TrainingPeaks and TrainHeroic. After founding TrainingPeaks 26 years ago along with my father, Joe Friel, and dear friend, Gear Fisher, I am thrilled to announce that TrainingPeaks and TrainHeroic have been acquired by Garmin.
I am incredibly proud of how our team has shaped the strength and endurance coaching industries from the very beginning. As we look ahead, joining forces with an iconic, industry-leading brand like Garmin is the ultimate catalyst for our next era of innovation. Their commitment to building the best-in-class ecosystem will allow us to accelerate product development, expand our reach, and deliver even greater value to our employees, coaches, and athletes worldwide.”
Friel also wrote that he will remain on as a strategic adviser going forward. Peaksware (TrainingPeaks and TrainHeroic parent company) President Lee Gerakos will also remain onboard following the acquisition. According to company representatives, for the foreseeable future TrainingPeaks and TrainHeroic are to be operated as a separate business unit under the Garmin umbrella. This means that the respective platforms will remain brand-agnostic for wearables and smart trainers that tie into their ecosystems. TrainingPeaks and TrainHeroic’s approximately 120 employees will become Garmin associates, adding to the roughly 23,000 employees Garmin has globally.
Garmin Co-Chief Operating Officer Brad Trenkle said in a release announcing the deal, “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.”
Garmin is by far the largest sports-specific wearables brand in the marketplace, only outpaced by general electronics brands such as Apple in terms of overall market share. In its Q1 2026 financial results, Garmin announced that the fitness division saw a 42% increase in revenue to $547 million USD, driven by wearables demand. Total revenue for the company in the quarter was $1.75 billion, outpacing analysts expectations.
The deal sees Garmin expand its presence on the analytics and athlete relationship side of the space. Though Garmin has success with its Connect tool, it is primarily a closed-loop ecosystem. That works well for an individual athlete who might wish to review their data, but it is more difficult for those athletes who might be working with a coach to pass that information over.
It also brings TrainingPeaks Virtual under the Garmin banner. TrainingPeaks Virtual has seen continual investment in the cycling platform, with rapid world expansion, a revised graphics interface, and the option to upload your own real-world routes to preview courses on. Garmin has its own line of smart trainers, with the Tacx series of direct-drive and wheel-on trainers. It also has its own app, but most users flock to one of the other dedicated indoor training platforms.