Press Release

ICON Health & Fitness Announces $200 Million Growth Investment Led By Pamplona

Dec 11, 2019

ICON Health & Fitness announces a $200 million growth equity investment led by Pamplona Capital Management into its iFIT software platform. ICON CEO Scott Watterson comments on how the investment will benefit the company: “This capital raise will allow ICON to further accelerate its rapidly growing interactive fitness platform in the connected home and club fitness industries. We will dramatically expand consumer awareness, broaden the most expansive library of interactive fitness content in the world, and continue to invest in innovation and technology that truly enhances our customers' fitness experience.”