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.

Targets
ICON Health & Fitness
Location
Utah, United States
Transaction Type
Growth capital

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