L Catterton Leads $200M Growth Investment in ICON Health & Fitness
October 5, 2020
ICON Health & Fitness announced a $200 million growth investment led by L Catterton, with existing investor Pamplona Capital Management also participating. The funding will accelerate growth of ICON’s connected fitness business — including brands NordicTrack, ProForm and Freemotion — and expand its iFit subscription platform.
- Buyers
- L Catterton, Pamplona Capital Management
- Targets
- ICON Health & Fitness
- Industry
- Consumer Products
- Location
- Utah, United States
- Transaction Type
- Growth capital
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