iFIT Health & Fitness Announces $355 Million Capital Raise
iFIT Health & Fitness Announces $355 Million Capital Raise
Company to Invest Substantially in Core Brands, Innovation, and Member Engagement
公司將在核心品牌、創新和成員參與度方面進行大量投資
LOGAN, Utah--(BUSINESS WIRE)--iFIT Health & Fitness ("iFIT" or "Company"), a global leader in connected fitness and interactive content with its extensive portfolio of iFIT® and Sweat® streaming platforms, and its highly innovative equipment brands NordicTrack® and Proform®, today announced a significant capital raise anchored by L Catterton, the largest global consumer-focused private equity firm.
猶他州洛根--(美國商業資訊)--iFit Health&Fitness(“iFit”或“Company”),憑藉其廣泛的iFit產品組合,在互聯健身和互動內容領域處於全球領先地位®和汗水®流媒體平臺,及其高度創新的設備品牌NordicTrack®和Proform®,今天宣佈了一項重大的資本募集計劃,該計劃的落腳點是L 全球最大的專注於消費者的私募股權公司卡特頓(Catterton)。
iFIT today has an engaged community of over 7.3 million total members across more than 120 countries, with increasing member participation in workouts and events. The capital raise will enable more focus and investment in growing iFIT's leading brands, content library, and product offerings, with the sole purpose of enhancing the member experience. At the same time, the Company will also invest in efficiency measures to increase profitability for reinvestment. As part of today's announcement, the Company has also amicably resolved its outstanding litigation matter with one of its shareholders.
今天,iFit在120多個國家和地區擁有730多萬會員,會員對鍛鍊和活動的參與度越來越高。此次融資將使iFit在不斷髮展的領先品牌、內容庫和產品方面獲得更多的關注和投資,唯一的目的就是增強會員體驗。同時,公司還將投資於提高效率的措施,以提高再投資的盈利能力。作為今天公告的一部分,該公司還與其一名股東友好地解決了其懸而未決的訴訟問題。
As previously planned, after 45 years of service, iFIT Co-founder, Chairman, and CEO Scott Watterson will exclusively serve as Chairman of the Board of Directors. He will work with the advanced development team to focus on next generation product innovation. The Company has appointed Steve Barr, Chief Financial Officer, and Mark Watterson, Chief Experience Officer, co-Presidents of the organization.
按照之前的計劃,在任職45年後,iFit聯合創始人、董事長兼首席執行官斯科特·沃特森將獨家擔任董事會主席。他將與先進的開發團隊合作,專注於下一代產品創新。該公司已任命首席財務官史蒂夫·巴爾和首席體驗官馬克·沃特森為該組織的聯席總裁。
"I am proud of what we have built at iFIT over four decades and our ability to successfully adapt in a rapidly evolving health and fitness landscape," said Scott Watterson. "Today's important updates strongly focus the business for continued growth in what has made us successful in the first place: technology, innovation, and the member experience. I look forward to lending my expertise in driving innovation as Chairman. I am personally investing alongside L Catterton, one of the world's most successful health and wellness investors, in this capital raise. Moreover, I am excited to transition my executive responsibilities to Mark and Steve, who I am confident are well-suited to continue iFIT's long history of success."
斯科特·沃特森説:“我為我們在iFit公司40年來取得的成就以及我們成功適應快速發展的健康和健身環境的能力感到自豪。”今天的重要更新強烈地聚焦於業務的持續增長,這是我們最初取得成功的原因:技術、創新和會員體驗。我期待着利用我作為董事長在推動創新方面的專業知識。我個人將與之一起投資。L卡特頓是世界上最成功的健康和健康投資者之一,他參與了此次融資。此外,我很高興能將我的行政職責移交給馬克和史蒂夫,我相信他們非常適合繼續iFit悠久的成功歷史。“
"It has been a privilege to learn from Scott and we are excited about the next phase of iFIT's journey," said Mark Watterson and Steve Barr. "Following today's news, the Company is on strong financial footing and stands ready to capture the enormous opportunity ahead of us. We remain focused on streamlining our overall business, while at the same time, investing in and enhancing the member experience and continuing to innovate across interactive software, content, and hardware. There is nothing more important to us than delivering an unmatched member experience with the most advanced equipment and engagement to drive superior results for our members."
馬克·沃特森(Mark Watterson)和史蒂夫·巴爾(Steve Barr)説:“向斯科特學習是一種榮幸,我們對iFit的下一階段之旅感到興奮。”在今天的新聞之後,公司擁有強大的財務基礎,隨時準備抓住我們面前的巨大機遇。我們仍然專注於精簡我們的整體業務,同時投資和增強會員體驗,並繼續在互動軟件、內容和硬件方面創新。對我們來説,沒有什麼比用最先進的設備和參與度提供無與倫比的會員體驗,為我們的會員帶來卓越的結果更重要的了。“
Marc Magliacano, a Managing Partner in L Catterton's Flagship Fund, said, "We are honored to invest and to play a meaningful role in the advancement of iFIT's future. The iFIT member proposition remains superior to competitive offerings and with the new capital raise combined with our partnership, we believe the best of iFIT is yet to come. The Company has the only integrated solution that offers leading product brands (NordicTrack, Proform) and content platforms (iFIT, Sweat) which transcend venues, channels, product categories, and geographies. iFIT is an integrated fitness platform that is positioned to win on a global scale, and we look forward to being a part of it."
馬克·馬利亞卡諾(Marc Magliacano),LCatterton的旗艦基金表示:“我們很榮幸能夠投資iFit,並在推進iFit的未來方面發揮重要作用。iFit會員的提議仍然優於競爭性產品,隨着新的資本募集和我們的合作伙伴關係的結合,我們相信iFit的最好結果還在後頭。該公司擁有唯一的集成解決方案,提供領先的產品品牌(NordicTrack、Proform)和內容平臺(iFit、Sweat),這些平臺超越了場地、渠道、產品類別和地理位置。iFit是唯一一個提供領先產品品牌(NordicTrack、Proform)和內容平臺(iFit、Sweat)的綜合解決方案。iFit
About iFIT
iFIT® is a global fitness and well-being subscription technology company that provides unmatched fitness experiences and solutions to its growing community of over 7.3 million members in over 120 countries. iFIT's industry-leading brands – NordicTrack®, ProForm®, Sweat®, Freemotion®, Weider® and 29029® – are powered by the iFIT integrated health and fitness platform, which seamlessly connects the company's proprietary software, experiential content and interactive hardware. Based in Logan, Utah, with offices in Paris, Shanghai, Sydney and Leeds, the company offers immersive, adaptive, personalized workout experiences for every fitness level and interest. iFIT delivers these patented interactive experiences through an extensive offering of live and on-demand content across the industry's broadest range of connected fitness modalities. iFIT is a pioneer and leader in the health and fitness industry with more than 400 issued and pending patents.
關於iFit
IFit®是一家全球健身和福利訂閲技術公司,為其在120多個國家和地區的730萬會員的不斷增長的社區提供無與倫比的健身體驗和解決方案。IFit的行業領先品牌-NordicTrack®,形式®,汗水®,FreeMotion®、魏德®和29029®-由iFit集成健康和健身平臺提供動力,該平臺無縫連接公司的專有軟件、體驗內容和互動硬件。該公司總部設在猶他州洛根,在巴黎、上海、悉尼和利茲設有辦事處,為每個健身水平和興趣提供身臨其境的、適應性的、個性化的鍛鍊體驗。IFit通過在業界最廣泛的聯網健身模式中提供廣泛的直播和點播內容,提供這些獲得專利的互動體驗。IFit是健康和健身行業的先驅和領導者,擁有400多項已頒發和正在申請的專利。
Contacts
聯繫人
Media:
Colleen Logan: clogan@ifit.com
媒體:
科琳·洛根:郵箱:clogan@ifit.com
譯文內容由第三人軟體翻譯。