IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. Xponential Fitness Inc (NYSE:XPOF) has priced the underwritten public offering of 5 million shares by certain of its existing stockholders, affiliates of Snapdragon Capital Partners and Anthony . Keep pulse with the latest in fitness news. The quality of the trainer defines a class receive assistance hiring the most qualified trainers, general managers & sales team. With many of our brands ranked in industry growth awards like Entrepreneur Magazine's Fastest Growing Franchise, Franchise 500 and the Inc 5,000 list, our brands continue to lead in the boutique fitness space. Her work has been featured in Age of Awareness, Times Beacon Record, The New York Times, and she has an upcoming piece in Slate. Xponential Fitness is the largest global franchise group of boutique fitness brands across a variety of verticals including Pilates, barre, cycling, rowing, dance, yoga, running, boxing, functional training, and stretching. His father owned a food brokerage business, and likewise spent as much time selling candy as he did arranging store displays. Mr. Mr. Row House offers high-energy, music driven group classes combining rowing intervals with resistance based floor exercises for an all-in-one low impact, cardio enhancing, full-body strength workout for all fitness levels. Xponential Fitness falls -12.4% February 8, 2023TipRanks. XPOF -1.91% + Free Alerts. Transform your body, your mind, and your life with Body Fit Training. Listing could value Club Pilates brand owner at $1.3 billion, California firm acquired boxing franchise Rumble in March. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. Xponentials public offering follows Mark Wahlberg-backed Australian franchise studio operator F45 Trainings debut on the public market last week. And it all started with one idea. Mr. Meloun has served as our Chief Financial Officer since July 2018. According to its filings, system-wide sales in 2020 fell 21.2% to $422.1 million, from $560.4 million the year prior. Track your investments 24 hours a day, around the clock from around the world. Xponential Fitness Inc., the franchise owner of boutique fitness brands including Club Pilates and CycleBar, downsized its initial public offering and priced it below a marketed range to raise $120 million. On this week's episode of IDEA GENERATION, Scooter Braun takes us on a journey from his days as a college dropout and party promoter in Atlanta, to becoming one of the most successful music executives on the planet. Dec 29, 2022 06:06pm. The brand is truly best-in-class, and it has created a following of enthusiasts that is unmatched anywhere in the boutique fitness space," said Anthony Geisler, owner and CEO of Xponential Fitness. Mr. Hagopian has served as our Chief Legal Officer since March 2023. Shares of Xponential Fitness, the Irvine, California-based franchise owner of fitness brands like Club Pilates and CycleBar, debuted on the New York Stock Exchange on Friday at $12, downsizing its IPO price of $14 to $16 a share. articles a month for anyone to read, even non-subscribers! Both IPOs come on the heels of a bludgeoning year for the fitness industry. Anthony Geisler, CEO and Founder of Xponential Fitness His father owned a food brokerage business, and likewise spent as much time selling candy as he did arranging store displays. The Irvine, California-based company is planning a 2021 listing which may value it at about $1.3 billion, said the people, who asked not to be identified because the information is private. Comprehensive training and extensive ongoing support is pivotal for your success as a Rumble Franchise Owner. They worked hard." Xponential Fitness, the largest global franchisor of boutique fitness brands, has ushered in a new wave of boutique fitness as three of its brands debuted experiences this week on Princess Cruises. Xponential Fitness LLC, the franchise owner of boutique fitness brands including Club Pilates and CycleBar, has revived plans for a U.S. initial public offering after setting them aside. Xponential Fitness Inc. is partnering with Fitness International LLC to open Xponential brands' studios, such as Club Pilates and Pure Barre, at LA Fitness and . Last name. Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is a curator of leading boutique fitness brands across multiple verticals. in Performance Dance and Biological Sciences from University of California, Irvine and an M.B.A. from Chapman University, The George L. Argyros School of Business and Economics, where she was recognized with Beta Gamma Sigma Honors. The IPO helps cap off a busy week for. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. We all need courage, determination, focus, and stamina. But there are signs that recovery is on the horizon, as in-person fitness is far from dead, says Simeon Siegel, managing director at BMO Capital Markets. Requirement: 2+ years of retail/service sales or fitness sales experience. He says what sets Xponential apart is its ability to keep consumers in its ecosystem. IRVINE, Calif.-- (BUSINESS WIRE)-- Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or the "Company"), the largest global franchisor of boutique fitness brands, today reported financial results for the third quarter ended September 30, 2022. As with many fitness brands, the pandemic took its toll on Xponential. All financial figures included in this release refer to global numbers, unless otherwise noted. Apply today at CareerBuilder! "It wasn't glamorous work," Anthony tells The CEO Magazine. At home or on the go, your favorite workout is always one click away. With more than 25 years of boutique fitness franchising experience within each brand, Xponential Fitness has the resources and network to ensure continued growth and support for our franchise . 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Analysts . Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. degree from USC Marshall School of Business, and a J.D. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. is set to give its latest quarterly earnings report on Thursday, 2023-03-02. About Xponential Fitness, Inc. Markets never sleep, and neither does Bloomberg. COPYRIGHT BRAND SOCIETY, LLC DBA ATHLETECH NEWS 2022, ALL RIGHTS RESERVED, Dry Scooping A Dangerous Fitness Trend Among Teens, FitOn Announces $40M in New Funding & Acquisition of Peerfit, Q&A with Shayan Azizbaeigi, SVP Product, Fitness & Wellbeing, Xplor Technologies: How Technology is Changing the Boutique Fitness Landscape, Startling Stat: PureGym Reveals 1 in 4 in the U.K. Feel Mentally, Physically, and Socially Unwell, Fhitting Room Expands, Celebrates 10-Year Anniversary, Minority Gym Report: Retro Fitness Targets Communities of Color with Project LIFT. The Irvine, California-based company sold 10 million shares on Thursday for $12 each, according to a statement. A 45-minute, 10-round full-body boxing & strength workout crafted around specially designed water-filled, teardrop-style boxing bags, Rumble delivers serious results in a fun, high-energy setting. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. In addition to Club Pilates, he has brought 9 other brands onto the platform since, creating the largest boutique fitness franchise company in the world, with over 2,000 global locations. Join to apply for the General Manager role at Xponential Fitness. Through its mission to make boutique fitness accessible to everyone, the Company operates a diversified platform of ten brands spanning across verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training and yoga. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. Mr. Meloun holds both a B.S. The industry is expected to grow from $8.8 billion in 2020 to $26.2 billion by 2025. And it all started with one idea. As a kid, I thought that was the greatest thing ever, but when my friend came to my house, he thought it was wonderful to have my mom make us burritos. Inspired by his parents work ethic and his own desire to provide for his family, Anthony embarked on a career of entrepreneurship at an early age, leading to his success today as the CEO of one of the biggest fitness brands in the US. Petrobras Payout Rewards Investors Who Ignored Lula Risk, China Developers Vanke, Poly to Issue Shares as Market Thaws, Mexico Central Bank Cuts GDP Forecasts With Key Rate at Record 11%, Feds Bostic Urges 5% to 5.25% Rates Into 2024 to Curb Inflation, Mexico Could Consider Slowing Pace of Rate Hikes, Banxico Deputy Mejia Says, SoftBank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO, Subaru, Nintendo Step Up for LGBTQ Workers in Conservative Japan, Salesforce CEO Praises Activist Investors After Earnings-Fueled Rally, Salesforce Jumps After Upbeat Outlook Eases Investor Fears, South Koreas Chip Inventory Climbs at Fastest Pace in 27 Years, Boris Johnsons Comeback Dreams Shattered by Sunaks Brexit Win, Japan Tries Everything From Tax Breaks to Shaming to Raise Pay, Singapore Wealth Firm Sees Rapid Growth Catering to Rich Families, BillionaireFamily Down $730 Million in Brazil Health Providers Stock Rout, Murdochs Fawning Letter to FIFA Chief Disclosed in World Cup Bribery Case, This Starbucks VP Turned Caribbean Rum Distiller Is the Anti-Captain Morgan. It will either work out well or it will become a learning experience. Stride joins seven other brands under the Xponential Fitness umbrella including Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, AKT and YogaSix. Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . Xponential Fitness Inc., the franchise owner of boutique fitness brands including Club Pilates and CycleBar, rose 2.1% in its trading debut after earlier sinking below its price in an. The CEO Magazine is more than a business title; its a source of information, inspiration and motivation for the worlds most successful leaders, executives, investors and entrepreneurs. What Could Elon Musk Possibly Be Thinking? Having been recognized for his entrepreneurial spirit at the University of Southern California in 1999, he created and sold a web development business for US$20,000 within a year of graduating. 'Y':'N') +'&jv='+(navigator.javaEnabled()? XPLUS. Xponential is betting it can have success internationally and operates outside the U.S. in a master-franchise model in markets like Japan and Australia. Junk also served as Executive Vice President for Capital Fitness Group LLC, a health and fitness club company; and Mr. Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. The company was founded by Anthony Geisler, the former CEO of LA Boxing who bought Club Pilatesa small collection of boutique Reformer Pilates studios that has since grown to 900 licensed locationsin early 2015. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Bibendum mauris in id sagittis aenean. I believe that if people dont have that time with their family, then they probably arent focused on whats going on at work. Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. IRVINE, Calif.-- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or "the Company"), a curator of leading boutique fitness brands, announced that effective today it. XPONENTIAL FITNESS, INC. (Name of Issuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securities) 98422X101 (CUSIP Number) Anthony Geisler 6789 Quail Hill Parkway #408. If one of my employees kids has a recital, then they can just go to it. What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. IRVINE, Calif., February 27, 2023 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF) (the "Company" or "Xponential Fitness"), the largest global franchisor of boutique fitness brands . Markets never sleep, and neither does Bloomberg. Tell us About Yourself 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. Xponential Fitness is the largest global franchise group of boutique fitness brands across a variety of verticals including Pilates, barre, cycling, rowing, dance, yoga, running, boxing, functional training, and stretching. I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. IRVINE, Calif.-- (BUSINESS WIRE)-- Xponential Fitness, Inc. (NYSE: XPOF) (the "Company," "Xponential Fitness" or "we"), the largest global franchisor of boutique fitness brands, today announced that the underwriters of its previously completed secondary offering of Class A common stock have fully exercised their option to purchase an additional articles a month for anyone to read, even non-subscribers! articles a month for anyone to read, even non-subscribers! Elevate your corporate wellness program with a boutique benefit. Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. Xponential Fitness is set to open boutique studios inside LA Fitness and City Sports Club locations, with a minimum commitment of 350 franchise locations over five years. Pure Barre is more than just a barre workout; it's a lifestyle. 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Apply to Franchise > Our Brands View All > The Experiences IN-STUDIO How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Stocks Drop for a Second Day; Yields Stay Elevated: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. Shares of Xponential Fitness, the Irvine, California-based franchise owner of fitness brands like Club Pilates and CycleBar, debuted on the New York Stock Exchange on Friday at $12, downsizing its . Ms. Luna also worked at Pilates by Sarah Luna, a Pilates concept she had founded. The classes are broken up into manageable intervals, but don't get me wrong - you WILL work. According to the findings of an independent analysis commissioned by Frost & Sullivan outlined in the companys filings, the total market opportunity of the U.S. boutique fitness market was $21.1 billion in 2019 and is expected to recover to $22.1 billion by 2022, according to an independent industry analysis by research firm Frost & Sullivan (which was outlined in the companys filings). The estimated investment required to open a Xponential Fitness Franchise is between $283,300-$452,800. First name. We dont have forms and committees. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. Previously, Mr. Hagopian served in several general counselor other legal executiveroles at both publicly-traded and privately-held growth companies. ", I wasn't motivated with my workouts before now. The company offers XPASS, a fitness pass that allows members to attend classes across the company's nine brands, and gets "consumers who like to snack around within boutique fitness" to stick around, he says. Xponential intends to raise a total of $120 million from the IPO. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. Xponential Fitness LLC, the franchise owner of boutique fitness brands including Club Pilates and CycleBar, is planning a U.S. initial public offering, according to people with knowledge of. Live market coverage co-anchored from Hong Kong and New York. Welcome to the worlds best studio workouts, on demand. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Stocks Drop for a Second Day; Yields Stay Elevated: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. Name and Address of Reporting Person* H&W INVESTCO LP (Last) (First) (Middle) Row House is part of the Xponential Fitness family of brands, the curator of the best fitness & wellness brands aross every vertical of boutique fitness. 'Y':'N') +'&scr='+screen.width+'x'+screen.height+'x'+screen.colorDepth +'&z='+Math.random() +'&ref='+escape(document.referrer.substr(0,255)) +'&uri='+escape(document.URL.substr(0,255));document.write('
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