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New Deal


Announced

L Catterton and Pamplona Capital Management to invest $200m in ICON Health & Fitness.

Financials

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Transaction Value£154m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

fitness equipment

Minority

United States

Private

Friendly

Recreational Products

Pending

Single Bidder

Domestic

Synopsis

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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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