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Folding Squat Rack & Home Gym Equipment Brand Celebrates Shark Tank Anniversary

Thursday, 27 February 2020 05:15 AM

PRx Performance, based in Fargo, ND & creator of compact home gym equipment, recently celebrated its 4th Shark Tank anniversary. Its folding squat rack continues to disrupt the fitness industry

FARGO, ND / ACCESSWIRE / February 27, 2020 / PRx Performance, a fitness equipment company based in Fargo, ND that's known for its compact home gym equipment, has recently celebrated the 4th anniversary of its appearance on Shark Tank. February 21st marks four years since the founders of the wall-mounted Profile Folding Squat Rack walked away with an $80,000 investment from shark Kevin O'Leary (Mr. Wonderful).

PRx Performance, Thursday, February 27, 2020, Press release picture

For more information, visit: https://prxperformance.com

PRx Performance is now a multi-million dollar company, helping thousands of people fit fitness into life. Their flagship product, the Profile Folding Squat Rack, landed them a coveted spot on season 7 of ABC's Shark Tank.

Founders Brian Brasch and Erik Hopperstad relate their experiences leading up to when they were highlighted on Shark Tank. When they arrived in Florida in January of 2015, they had to compete with 700 other entrepreneurs who were also hoping to stand out with their one-minute pitch.

To Brasch and Hopperstad's surprise, less than two weeks later, they were called back for the next round and asked to submit an official audition tape. In it, they told the story of where and why PRx Performance was created.

The company is headquartered in Fargo, North Dakota where winters are long and extreme. The idea of giving up precious garage space for a gym was unrealistic, so Brasch and Hopperstad set out to create compact home gym equipment that conveniently folds up and out of the way when not in use. Their solution was the Profile Folding Squat Rack.

For more information on the Profile® Folding Squat Rack, visit: https://prxperformance.com/products/2×3-profile-kip

The wall-mounted squat rack's patented folding technology allows people to easily transform their home, garage, or commercial gym space into a multi-functional gym.

When Brasch and Hopperstad entered "The Tank", Kevin O'Leary was coincidentally in the process of getting his own home gym installed. He happened to encounter space limitation issues that PRx Performance set out to resolve, so the duo's pitch naturally piqued his interest. Despite being turned down by four sharks, Brasch and Hopperstad managed to secure a deal with O'Leary for $80,000.

While filming was completed in 2015, Brasch and Hopperstad's episode officially premiered on February 21st, 2016. Their appearance on ABC's Shark Tank marks a momentous date in PRx Performance's history as they continue to disrupt the space-saving fitness equipment industry.

View the Profile® Folding Squat Rack in action: https://www.youtube.com/watch?v=graEXFJravU

Contact Info:
Name: Rachel Rice
Email: Send Email
Organization: PRx Performance
Address: 2402 8th Ave N, Fargo, North Dakota 58102, United States
Phone: +1-701-566-0452
Website: https://prxperformance.com

SOURCE: PRx Performance

Topic:
Company Update
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