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FITNESS, HEALTH, WELLNESS

Product innovation

Freemotion Fitness receives $200m investment to grow iFit platform

iFit, an interactive fitness streaming platform from Freemotion Fitness, has received significant capital investment, worth US$200m (£164m, €181m), from Pamplona Capital Management that will enable its parent company, Icon Health & Fitness, to accelerate the platform's growth.

"This growth capital will allow Freemotion customers to offer their members iFit, the best connected fitness and workout experience through our content-driven equipment," said Dan Toigo, senior VP and MD of Freemotion.

"It puts Freemotion in a unique position to help operators connect their fitness ecosystems by joining the dots between gym and home - subsequently enhancing member attraction, retention and revenue."

Billed as the 'ultimate solution to engage, motivate and inspire', iFit combines digital instructor-led content with intuitive technology that auto-adjusts to the user's needs.

Designed to offer an immersive workout experience, iFit offers an expansive library of digital workouts led by a comprehensive cast of more than 100 trainers, including Olympic athletes and celebrity trainers.

Users simply choose a workout and then, once streaming is underway, iFit's smart technology automatically adjusts the speed, incline, decline and resistance of the machine to mirror the on-screen training, allowing users to focus on and get the most out of their workouts.

"Our iFit powered machines are unlike anything else available on the market," added Toigo.

"A member steps on one of our innovative cardio machines – like the fat-burning Incline Trainer, the impact-reducing REFLEX™ Treadmill, or the incredibly engaging CoachBike™ – selects from thousands of trainer-led workouts shot in exotic global locations or in-studio, and they are immediately transported to an engaging and energizing workout experience."

Company Details
Freemotion Fitness
Commercial fitness equipment including the REFLEX™ Treadmill, Incline Trainer, CoachBike™, Dual Cable Cross, and FUSION Team Training
Address
4 Westgate Court, Silkwood Park, Osset, WF5 9TT
Telephone
+44 (0)7719 55 4216
iFit, an interactive fitness streaming platform from Freemotion Fitness, has received significant investment, worth US $200m, from Pamplona Capital Management.
,tec,haf
2020/THUMB345148_44395_505006.jpg

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Product innovation

Freemotion Fitness receives $200m investment to grow iFit platform

iFit, an interactive fitness streaming platform from Freemotion Fitness, has received significant capital investment, worth US$200m (£164m, €181m), from Pamplona Capital Management that will enable its parent company, Icon Health & Fitness, to accelerate the platform's growth.

"This growth capital will allow Freemotion customers to offer their members iFit, the best connected fitness and workout experience through our content-driven equipment," said Dan Toigo, senior VP and MD of Freemotion.

"It puts Freemotion in a unique position to help operators connect their fitness ecosystems by joining the dots between gym and home - subsequently enhancing member attraction, retention and revenue."

Billed as the 'ultimate solution to engage, motivate and inspire', iFit combines digital instructor-led content with intuitive technology that auto-adjusts to the user's needs.

Designed to offer an immersive workout experience, iFit offers an expansive library of digital workouts led by a comprehensive cast of more than 100 trainers, including Olympic athletes and celebrity trainers.

Users simply choose a workout and then, once streaming is underway, iFit's smart technology automatically adjusts the speed, incline, decline and resistance of the machine to mirror the on-screen training, allowing users to focus on and get the most out of their workouts.

"Our iFit powered machines are unlike anything else available on the market," added Toigo.

"A member steps on one of our innovative cardio machines – like the fat-burning Incline Trainer, the impact-reducing REFLEX™ Treadmill, or the incredibly engaging CoachBike™ – selects from thousands of trainer-led workouts shot in exotic global locations or in-studio, and they are immediately transported to an engaging and energizing workout experience."

Company Details
Freemotion Fitness
Commercial fitness equipment including the REFLEX™ Treadmill, Incline Trainer, CoachBike™, Dual Cable Cross, and FUSION Team Training
Address
4 Westgate Court, Silkwood Park, Osset, WF5 9TT
Telephone
+44 (0)7719 55 4216
iFit, an interactive fitness streaming platform from Freemotion Fitness, has received significant investment, worth US $200m, from Pamplona Capital Management.
,tec,haf
2020/THUMB345148_44395_505006.jpg

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"We summarise what we do in two words – functional art," says Gian Luca Innocenzi,
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Gibbon Slacklines has officially launched in the UK, introducing two flagship products: the Giboard and
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Egym has introduced Open Mode on its Smart Strength machines, enabling them to be used
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Myzone has announced the launch of MZ-Open, an access function that enables Myzone gym users
Panatta will consolidate its global presence throughout 2024 by attending a host of major industry
Introducing Sprung Gym-Flooring, where innovation meets excellence in the world of flooring and sports solutions.
PerformX Live, the premier business of fitness event, has announced Dr Jonathan Leary, founder and
Elevate, the premier event in the physical activity, fitness, sports therapy and performance sector, is
Cardiff-based gym design and installation company, Absolute Performance, has been awarded the contract to design,
Questex/McLean Events (Spatec/SIBEC)
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As Third Space unveiled its latest club in Wimbledon at the end of 2023 as
Developed for the world of medicine, tailored to the needs of modern fitness studios. The
Precor made history in 2011 with the launch of the first connected fitness console. Since
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In response to the growth in strength training, Precor has launched its Resolute Multi-Stations. The
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