Announced
Financials
Tags
Acquisition
Private Equity
fitness equipment
Minority
United States
Private
Friendly
Recreational Products
Pending
Single Bidder
Domestic
Synopsis
Private equity investors L Catterton and Pamplona Capital Management agreed to invest $200m in ICON Health & Fitness, a provider of fitness equipment and software. "We welcome L Catterton onboard at this incredibly exciting time in our company's history. L Catterton has an exceptional history of success investing in consumer and fitness businesses. I look forward to working alongside Scott Dahnke and his team as we continue to accelerate growth across our various platforms and distribution channels," Scott Watterson, ICON Founder, Chairman and CEO.
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