From his time as manager of Justin Bieber and Asher Roth, to his part in acquiring Big Machine Records, to selling his own company for $1 billion, Braun has built one of the most impressive resumes in music. C/O XPONENTIAL FITNESS, INC. 17877 VON KARMAN AVE, SUITE 100 (Street) IRVINE CA 92614 (City) (State) (Zip) 1. They must know the names of winning horses and lottery numbers, too. Xponential earlier offered 13.3 million shares for $14 to $16. It was hard, manual, laborious work. All financial figures included in this release refer to global numbers, unless otherwise noted. 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 . Meloun isn't worried about pressure from brands like Peloton and Orangetheory. The flexologists taught me what movements to do and when to do them!. Mr. Hagopian received a B.S. With our carefully curated playlists, high energy music, disco ball bumping and a supportive community, you will instantly feel welcome at AKT. Live market coverage co-anchored from Hong Kong and New York. CycleBar, you have changed my world and I don't think I will ever give you up., Each instructor brings their own knowledge, energy, and experience which creates refreshing, new, and fun workouts every time., Even though I stretch often, I realized that I don't know much! I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. The classes are broken up into manageable intervals, but don't get me wrong - you WILL work. I instruct franchise owners to do the same. Founded in 2017 in New York City, Rumble is boxing-inspired group fitness designed for all levels from beginner to advanced. Mr. Meloun has served as our Chief Financial Officer since July 2018. He franchised the brand and built it into the largest boxing, kickboxing, and mixed martial arts fitness franchise in the country. Xponential Fitness Brings Aussie Favorite Body Fit Training to the U.S. Jill Abrahamsen November 4, 2022 6:00 am The Functional Training Franchise is Positioned for Nationwide Expansion You don't have to go Down Under to join the boutique fitness brand Body Fit Training (BFT) anymore. Xponential Fitness, a roll-up of franchised boutique fitness brands with over 1,750 studios in North America, raised $120 million by offering 10 million shares at $12, below the range of $14. Xponential is the largest boutique fitness franchisor in the U.S. with more than 1,750 studios. 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Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and conditioning. Our content creates conversations, our voice is the one that matters. General Managers are responsible for meeting studio sales goals, membership renewals and ancillary service goals by pre-planning with strategic new customer outreach, in-club leads (first time riders) and securing member referrals. Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. degree from USC Marshall School of Business, and a J.D. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. Anthony got his start in the dot-com bubble of the late 1990s. (Podcast). Both IPOs come on the heels of a bludgeoning year for the fitness industry. Thats the business were in, though, he says. 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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. Thats what Xponential Fitness CEO Anthony Geisler says motivated him to start his own business. Xponential Fitness falls -12.4% February 8, 2023TipRanks. He has dedicated most of his career to franchising Leverage development costs and national vendor relationships to launch your studio successfully. Founded in 2017 and headquartered in Irvine, California , Xponential Fitness, Inc., is a curator of leading boutique fitness brands across multiple verticals. Replacing its former service, GO, the new platform collects the entire digital libraries of all 10 brands in one location. Individual Unit Costs Initial Investment: $283,300-$452,800 Initial Franchise Fee: N/A Royalty Fee: N/A Advertising Fee: N/A Click here to compare with franchises similar to Xponential Fitness Xponential Fitness Franchise Growth History While studios temporarily closed, Meloun says all of their locations are now back open. They can just go. 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. 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. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Listing could value Club Pilates brand owner at $1.3 billion, California firm acquired boxing franchise Rumble in March. Founded in 2017 in Melbourne, Australia by fitness industry veteran Cameron Falloon, BFT offers a community-based 50-minute functional training and strength-based program across 13 workouts. Junk studied Sports Medicine at Foothill College. . 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. Along with Body Fit Training, Xponential Fitness has a distinguished portfolio that includes Club Pilates, CycleBar, StretchLab, Row House, AKT, YogaSix, Pure Barre, STRIDE and Rumble. Our system-wide sales exceed pre-Covid levels. Anthony attributes this success to the strong, tight-knit culture he has developed in each business he has run. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. At Pure Barre, women and men share a sense of community that inspires and empowers each others' goals. 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. XPLUS. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. The longevity and team spirit Anthony has cultivated is based on the respect and independence he gives his staff. Our expert team will guide you through the entire process, from site selection to lease execution, to find the ideal site for your Rumble studio. 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 . With a goal to open more than 500 franchises yearly over the next half a decade, Anthonys confident that Xponential Fitness is heading in the right direction. Xponential has a demonstrated history of seamlessly integrating brands, and this acquisition expands our portfolio of boutique fitness offerings to include a functional strength and HIIT (high intensity interval training) based product that is complementary to our existing modalities. Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. Xponentials public offering follows Mark Wahlberg-backed Australian franchise studio operator F45 Trainings debut on the public market last week. Why? 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. "Then it's, do you want to be partners with these people." According to its filings, system-wide sales in 2020 fell 21.2% to $422.1 million, from $560.4 million the year prior. Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. 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. 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. 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. Musks TeslaMaster Plan Lacks Drive. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. 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 Transform your body, your mind, and your life with Body Fit Training. We'll guide you through the entire opening process, from site selection, lease negotiation, and construction, to recruiting your studio staff and activating your membership sales process, and marketing your studio. "It was hard, manual, laborious work. With decades of fitness and franchising experience across our team, Xponential Fitness has the resources and network to ensure continued growth and support for our franchise owners. articles a month for anyone to read, even non-subscribers! from University of Southern California. Ms. Luna also worked at Pilates by Sarah Luna, a Pilates concept she had founded. 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