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Press Release: Pathlight Capital Provides $355 Million Facility to iFIT Health & Fitness

Press Release: Pathlight Capital Provides $355 Million Facility to iFIT Health & Fitness

新聞稿:Pathlight Capital向iFit Health&Fitness提供3.55億美元的融資
Dow Jones ·  2022/04/14 21:52

Pathlight Capital Provides $355 Million Facility to iFIT Health & Fitness

路徑光資本向iFit Health&Fitness提供3.55億美元的融資

PR Newswire

美通社

BOSTON, April 14, 2022

波士頓,2022年4月14日

BOSTON, April 14, 2022 /PRNewswire/ -- Pathlight Capital LP ("Pathlight") announced it is serving as the Administrative Agent on the recently funded $355,000,000 Senior Secured Credit Facility for iFIT Health & Fitness Inc. ("iFIT" or the "Company"), a global leader in connected fitness and interactive content with its extensive portfolio of iFIT(R) and Sweat(R) streaming platforms, and its highly innovative equipment brands NordicTrack(R)  and Proform(R) .

波士頓,2022年4月14日/美通社/--路徑光資本有限公司(“路徑光”)宣佈,它將擔任iFit Health&Fitness Inc.(“iFit”或“公司”)最近籌集的3.55億美元高級擔保信貸基金的行政代理。iFit Health&Fitness Inc.(“iFit”或“公司”)是聯網健身和互動內容的全球領先企業,擁有廣泛的iFit(註冊商標)和Sweat(註冊商標)流媒體平臺組合,以及高度創新的設備品牌NordicTrack(註冊商標)和Proform(註冊商標)。

Proceeds from the facility will be used to invest in focused growth initiatives, efficiency measures to enhance profitable growth, as well as elevate the iFIT member experience by continuing to innovate across interactive software, content, and hardware.

該設施的收益將用於投資於重點增長計劃、促進盈利增長的效率措施,以及通過在互動軟件、內容和硬件上繼續創新來提升iFit會員體驗。

"We are grateful to the team at Pathlight for supporting us as we enter our next chapter of growth at iFIT.  As fitness routines normalize coming out of the pandemic, we strive to deliver the most outsized fitness experience regardless of where our member wants to workout. The support from Pathlight will allow us to continue our leadership position in delivering the most innovative hardware and immersive experience," stated Steve Barr and Mark Watterson, iFIT co-Presidents.

IFit聯席總裁史蒂夫·巴爾和馬克·沃特森表示:“我們感謝新光科技的團隊在我們進入iFit下一個成長篇章時給予我們的支持。隨着健身活動逐漸正常化,無論我們的會員想要在哪裏鍛鍊,我們都努力提供最超乎尋常的健身體驗。來自新光科技的支持將使我們繼續保持領先地位,提供最具創新性的硬件和身臨其境的體驗,”iFit聯席總裁史蒂夫·巴爾和馬克·沃特森表示。

Mark Twomey, Partner of Pathlight Capital commented, "Pathlight was proud to partner with L Catterton and the management team in providing liquidity to support the innovation iFIT delivers to the health and fitness market.  The content and interactive nature of their diverse product offerings continues to revolutionize the in-home workout experience.  We are pleased to be a part of this capital raise and look forward to the continued growth of the business."

路徑光資本的合夥人馬克·圖米評論説:“路徑光很榮幸能與L Catterton和管理團隊合作,提供流動資金,支持iFit向健康和健身市場提供的創新。他們提供的多樣化產品的內容和互動性將繼續徹底改變家庭健身體驗。我們很高興能成為此次融資的一部分,並期待着業務的持續增長。”

About Pathlight Capital

關於路燈資本

Pathlight Capital is a private credit investment manager dedicated to meeting the needs of companies that operate across a broad range of industries by providing asset-based loans secured on a first or second lien basis against tangible and intangible assets. Pathlight aims to provide creative financing solutions to allow management teams to access incremental liquidity for the purposes of funding working capital, debt refinancings, growth, acquisitions, dividends and turnaround strategies. For more information, please visit .

Pathlight Capital是一傢俬人信貸投資管理公司,致力於通過提供以有形和無形資產為基礎的第一或第二留置權擔保的基於資產的貸款,來滿足經營廣泛行業的公司的需求。路徑光旨在提供創造性的融資解決方案,使管理團隊能夠獲得增量流動性,用於為營運資本、債務再融資、增長、收購、股息和扭虧為盈戰略提供資金。欲瞭解更多信息,請訪問。

About iFIT Health & Fitness Inc.

關於iFit Health&Fitness Inc.

iFIT(R)  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(R) , ProForm(R) , Sweat(R) , Freemotion(R) , Weider(R) and 29029(R) -- 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.

IFit(R)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多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的業界領先品牌--NordicTrack(註冊商標)、ProForm(註冊商標)、Sweat(註冊商標)、Free Motion(註冊商標)、WEIDER(註冊商標)和29029(註冊商標)--由iFit集成的健康和健身平臺驅動,該平臺將該公司的專有軟件、體驗內容和互動硬件無縫連接在一起。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多項已發佈和正在申請的專利。

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SOURCE Pathlight Capital

來源路徑光資本

/CONTACT: Mark Twomey, mtwomey@pathlightcapital.com

聯繫人:馬克·圖米,電子郵件:mtwomey@pathlightcapal.com

譯文內容由第三人軟體翻譯。


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