ICON Health & Fitness

ICON Health & Fitness collects $200M to expand connected fitness device brands, workout streaming platform

By Dave Muoio 12:09 pm October 6, 2020

ICON Health & Fitness, the parent company of consumer connected fitness equipment brands like NordicTrack, Freemotion and iFit, has raised a $200 million growth investment. The company said that the funding was led by L Catterton, with participation from prior backer Pamplona Capital Management. WHAT IT DOES Founded in 1977 as an import business, Utah-based ICON first stepped into the home...

iFit raises $200M to stream fitness content on NordicTrack workout machines

By Dave Muoio 01:33 pm December 11, 2019

The ink has settled on a $200 million growth equity investment for in-home fitness streaming platform iFit, the company’s parent ICON Health & Fitness announced today. Pamplona Capital Management led the raise. WHAT THEY DO iFit — which shares its parent company with workout machine makers NordicTrack, ProForm and Freemotion — has built a streaming platform for use on these companies’...