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

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.