Corporate and M&A

iFit Health & Fitness raises $355 million in capital, names co-presidents

By Bob McGee 2022-03-01T09:34:00

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Months after abandoning a $650 million initial public offering due to unfavorable market conditions, iFIT Health & Fitness, formerly known as Icon Health & Fitness and parent of the NordicTrack, Weider and ProForm fitness brands, amongst others, has raised $355 million in capital from L. Catterton, the largest global consumer-focused ...

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