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

Oct 05, 2020almost 5 years ago

Amount Raised

$200 Million

Austin

Description

ICON Health & Fitness (“ICON”), the world leader in innovation, design and distribution of connected fitness equipment and software, today announced a $200 million growth investment led by L Catterton, the largest and most global consumer-focused private equity firm, and is joined by existing investor Pamplona Capital Management.

Company Information

Company

Icon

Location

Austin, Texas, United States

About

”Since then, the startup says it has delivered more than two dozen 3D-printed homes and structures across the U.S. and Mexico. ICON was founded in late 2017 and launched during SXSW in March 2018 with the first permitted 3D-printed home in the U.S. For some context, ICON says its proprietary Vulcan technology produces “resilient, energy-efficient” homes faster than conventional construction methods and with less waste and more design freedom.

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