Pamplona Leads $200M Injection For Streaming Workout Biz
Law360 (December 11, 2019, 2:46 PM EST) -- The iFit unit of fitness equipment maker Icon Health & Fitness Inc. has raised $200 million from a group of private investors led by Pamplona Capital Management, with plans to use the capital for advertising and to expand its offerings, Icon Health said Wednesday.
The growth equity investment into iFit, which provides at-home interactive personal training, stands to help the company reach more consumers and bolster its fitness streaming platform, according to a statement.
“This capital raise will allow iFit to further accelerate its rapidly growing interactive fitness platform in the connected home and club fitness industries,” Scott Watterson, the founder,...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!