iFIT Buys Sweat, Reportedly Eyeing An IPO

iFIT Health & Fitness Inc., Logan, Utah, has acquired Sweat, a platform for women’s health and fitness, the company announced on July 13. The acquisition comes as the Wall Street Journal reports that iFIT is working toward an initial public offering (IPO) this fall.

iFIT declined to comment to Club Industry on the report of an IPO, but the Journal reported that some people familiar with the plans shared that the company had confidentially filed papers with the Securities and Exchange Commission, which companies must do for an IPO.

iFIT, known as ICON Health & Fitness until a renaming in

Read more