Xponentials public offering follows Mark Wahlberg-backed Australian franchise studio operator F45 Trainings debut on the public market last week. Management Team :: Xponential Fitness, Inc. (XPOF) Management Team Governance Documents Management Team Board of Directors Committee Composition Anthony Geisler Founder, Director and Chief Executive Officer Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. As with many fitness brands, the pandemic took its toll on Xponential. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. '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('
'); Athletech News provides comprehensive media coverage of the most impactful news and trends shaping the fitness and wellness sector. A fitness class held outside a CycleBar in Culver City, California. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. He sensed an opportunity when he realized how undervalued the brand was, and he purchased the gym with an eye towards national expansion. Assets: Current Assets: Cash, cash equivalents and restricted cash $ 15,750 $ 21,320 Accounts receivable, net 15,865 11,702 Inventories 9,217 6,928 Prepaid expenses and other current assets And a Car. Founder, Director and Chief Executive Officer. A hundred and fifty Body Fit Training studios are slated to open within the next year. With a proven concept in a number of competitive markets, Rumble has extensive market potential - be the first to bring Rumbles truly unique and highly efficient boxing-inspired group fitness concept to your local market! He started his career in fitness management at Fitness USA and 24 Hour Fitness. Mr. Mr. Geisler holds a B.A. Anthony Geisler, CEO and Founder of Xponential Fitness. Financial Performance* Collaborate with Studio Owner to set monthly, weekly, and daily targets; Enjoy comprehensive & ongoing sales training, monthly calls & expert guidance from pre-sale through to Grand Opening & into sustainability. 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. Recognizing the potential of boutique fitness clubs, Geisler founded Xponential in 2017, making Club Pilates the companys first brand. 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. With decades of fitness and franchising experience, Xponential Fitness is the largest boutique fitness franchisor with the resources, network, playbook, and platform in place available to help support and grow our franchise owners every step of the way. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. 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 . 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. His confidence in others extends to his views about the future, and he bristles at questions about his long-term business plans. The largest global franchiser of boutique fitness brands continues to grow exponentially. Xponential Fitness falls -12.4% February 8, 2023TipRanks. Xponential Fitness LLC Address Willowbrook, IL USA Industry Business View all jobs at Xponential Fitness LLC Report Job What email should the hiring manager reach you at? In Anthonys view, decentralizing leadership is the most effective way for brands to chart their own path in the business world. Xponential Fitness (NYSE:XPOF), parent of gym chains like Club Pilates and Pure Barre, plans an IPO backed by Michael Dell and reportedly valuing the firm at some $1.3 billion. Previously, Mr. Hagopian served in several general counselor other legal executiveroles at both publicly-traded and privately-held growth companies. 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 . For instance, he remembers a friend whose family didnt have dinner together but did have a ton of money, and would just leave him cash for his meals. January 11, 2023 Xponential Fitness CEO talks fitness demand, franchise growth, and adding brands lululemon x MIRROR. 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. Updated Nov 9, 2021, 11:51am PST. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. Mr. Hagopian received a B.S. So, we try to facilitate that balance for them.. The industry is expected to grow from $8.8 billion in 2020 to $26.2 billion by 2025. I instruct franchise owners to do the same. Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. They worked hard.. 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. 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. Why? 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 when the Covid-19 pandemic hit, according to people with knowledge of the matter. Xponential Fitness owner of companies like Pure Barre, Rumble, and YogaSix generated $63.8 million in revenue in Q3 2022, a 56% increase year-over-year. 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. According to its filings, system-wide sales in 2020 fell 21.2% to $422.1 million, from $560.4 million the year prior. Rumble is part of the Xponential Fitness family of brands, a curator of leading fitness & wellness brands across every vertical in boutique fitness. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. 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 . Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. Were kicking ass and having a good time, and were doing something nobody has ever done, he says. Both IPOs come on the heels of a bludgeoning year for the fitness industry. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. 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. Leverage development costs and national vendor relationships to launch your studio successfully. The company will seek to raise about $300 million in the offering at a valuation of about $1 billion, said one of the people, who asked not to be identified because the information was private. He says what sets Xponential apart is its ability to keep consumers in its ecosystem. Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. I treat the brand presidents as entrepreneurs., Either way, it will be good for them. Anthony sees himself as a source of support, mentorship and advice to the presidents, and not a dictator. This latest purchase comes after a March 2021 acquisition of Rumble, a boxing studio business that signed a franchise agreement in Australia this year, anticipating 100 studios opening in the future. articles a month for anyone to read, even non-subscribers! These are the skills we aim to develop because thats what it truly means to be a fighter. Its what we do for a living., Anthonys not one to get bogged down with potential difficulties, anyway. 2,220+ STUDIOS OPEN 4,684+ LICENSES AWARDED 48 STATES REQUEST FORM Request more information on bringing the Rumble experience in your community. 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. Im amazed by the kind of executives who work on 10-year business plans. 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. 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. What Could Elon Musk Possibly Be Thinking? . Despite a trying time for many companies due to COVID, Body Fit Training performed well during the challenging period. Our consumers came right back to the studio [post-Covid], Meloun says. It attributed the growth to equipment installations and royalties from sales in North America. Expert & ExtensiveSupport. Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . Mr. Meloun has served as our Chief Financial Officer since July 2018. Junk served as Divisional President for UFC Gym, a mixed martial arts fitness company, where he had previously also served as Vice President of Sales. Replacing its former service, GO, the new platform collects the entire digital libraries of all 10 brands in one location. We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. Markets never sleep, and neither does Bloomberg. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. 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. Overnight on Wall Street is daytime in Asia. 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. The IPO helps cap off a busy week for. Creating a strong foundation for movement with a range of class offerings that challenge your mind as well as your body, Club Pilates provides a path to a more fulfilling life. Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is a curator of leading boutique fitness brands across multiple verticals. 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. I still work with the very first employee I hired all those years ago, whos been with me for five brands now, he says. Anthony attributes this success to the strong, tight-knit culture he has developed in each business he has run. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands. The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. Musks TeslaMaster Plan Lacks Drive. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? 'Y':'N') +'&jv='+(navigator.javaEnabled()? Shares of Xponential (NYSE: XPOF) have enjoyed growth of 31% over the last month, and the news of the acquisition gave another boost. And it all started with one idea. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. The quality of the trainer defines a class receive assistance hiring the most qualified trainers, general managers & sales team. Ive been doing this for 18 years now with most of the same people who originally started with me.. (Podcast). 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. Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. 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. Housing such brand names as Pure Barre, Club Pilates, Row House and CycleBar, Xponential Fitness is worth hundreds of millions today, with international expansion planned for the UK, Japan, Australia and Mexico. He has dedicated most of his career to franchising Comprehensive training and extensive ongoing support is pivotal for your success as a Rumble Franchise Owner. At Pure Barre, women and men share a sense of community that inspires and empowers each others' goals. STRIDE indoor running studios offer coached classes on state-of-the-art Woodway Treadmills and a unique program designed for both walkers and runners. 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. Our Brands View All > BY THE NUMBERS 10 Name and Address of Reporting Person* H&W INVESTCO LP (Last) (First) (Middle) 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. Figuring out the magic formula is something that we spent a lot of time on wanting to perfect before we chose the next big chapter: going public.. Keep pulse with the latest in fitness news. BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. . 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. Musks TeslaMaster Plan Lacks Drive. XPLUS. 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