Preview - Please log in to view full article.

Article Date: October 2020
Word Count: 181

Icon Health & Fitness Raises $200 Million

The NordicTrack, ProForm and Freemotion parent raised $200 million in new equity from L Catterton and current investor Pamplona Capital Management. Icon has revenue exceeding $1 billion in the 12 months ended Sep. 30. This latest investment, at a valuation of over $7 billion, is a precursor to an initial public offered planned with the next year, Bloomberg reported. Private equity firm L Catterton is no stranger to the health and fitness space, previously backing Peloton, Hydrow, and a number of other startups. Pamplona also invested $200 million last Dec. in ... Log in to view full article.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.