Both IPOs come on the heels of a bludgeoning year for the fitness industry. Junk also served as Executive Vice President for Capital Fitness Group LLC, a health and fitness club company; and Mr. '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(''); Courtney Rehfeldt has worked in the broadcasting media industry since. articles a month for anyone to read, even non-subscribers! Dec 29, 2022 06:06pm. 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. 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. Updated Nov 9, 2021, 11:51am PST. We'll guide you through the entire buildout process from approved layout and general construction, to interior design, music and technology. XPOF -1.91% + Free Alerts. We all need courage, determination, focus, and stamina. About Xponential Fitness, Inc. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? StretchLab is an open, energetic studio designed to get your body moving the way it was intended to. 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. Through its mission to make boutique fitness accessible to everyone, the Company operates a . 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. Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. In Anthonys view, decentralizing leadership is the most effective way for brands to chart their own path in the business world. XPLUS. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. I instruct franchise owners to do the same. Mr. Hagopian received a B.S. 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. His confidence in others extends to his views about the future, and he bristles at questions about his long-term business plans. Track your investments 24 hours a day, around the clock from around the world. BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. 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. Prior to that, Mr. Meloun served as a Senior Director of Financial Planning and Analysis at the University of Phoenix, where he provided guidance to the Chief Financial Officer and Vice President. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. The estimated investment required to open a Xponential Fitness Franchise is between $283,300-$452,800. 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). IRVINE, Calif., February 27, 2023--Xponential Fitness, Inc. (NYSE: XPOF) (the "Company" or "Xponential Fitness"), the largest global franchisor of boutique fitness brands, today announced. I think what makes boutique fitness so special is exactly the in-person energy, the ability to leave your house, the ability to go and see similar people.. 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. 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. 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. Mr. Were kicking ass and having a good time, and were doing something nobody has ever done, he says. What Could Elon Musk Possibly Be Thinking? Junk has served as our Chief Operating Officer since May 2021, and prior to that, served as our Chief Strategy Officer and President for CycleBar since November 2017. Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. He says what sets Xponential apart is its ability to keep consumers in its ecosystem. What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. 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. Anthony got his start in the dot-com bubble of the late 1990s. His father owned a food brokerage business, and likewise spent as much time selling candy as he did arranging store displays. 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! The quality of the trainer defines a class receive assistance hiring the most qualified trainers, general managers & sales team. Mr. Anthony Geisler, CEO of Xponential Fitness, says that the acquisition will complement the current offerings and sees an opportunity to grow the studios in the US. And a Car. Musks TeslaMaster Plan Lacks Drive. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Analysts . Mr. Meloun holds both a B.S. Health clubs, gyms and studios in all states were closed for at least one month last year. Xponential has tapped banks including Bank of America Corp., Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as advisers, the people said. We see significant opportunity to expand BFTs existing studio base both in the U.S. and internationally, as we leverage the Xponential Playbook to provide robust franchisee support, implement best practices and leverage synergies across our entire portfolio.. Shares of Xponential (NYSE: XPOF) have enjoyed growth of 31% over the last month, and the news of the acquisition gave another boost. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. Why? Bring an Xponential Brand to your community With 2,600+ studios across the globe, Xponential Fitness is the largest global franchisor of boutique fitness brands across a variety of verticals including Pilates, barre, stretching, rowing, cycling, dance, yoga, functional training, boxing, and running. Mr. Hagopian has served as our Chief Legal Officer since March 2023. Founded in 2017 and headquartered in Irvine, California , Xponential Fitness, Inc., is a curator of leading boutique fitness brands across multiple verticals. Chief Operating Officer. IRVINE, Calif., September 12, 2022 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, today announced an exclusive. Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . Tell us About Yourself Ten exceptional brands, 2,100+ studios, one pass. Our content creates conversations, our voice is the one that matters. Track your investments 24 hours a day, around the clock from around the world. In 2017, Xponential Fitness hit $148 million in revenue across. 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. 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. 2,220+ STUDIOS OPEN 4,684+ LICENSES AWARDED 48 STATES REQUEST FORM Request more information on bringing the Rumble experience in your community. Here's what investors need to know before the announcement. It wasnt glamorous work, Anthony tells The CEO Magazine. Later in 2017, Mr. Geisler created Xponential Fitness, with the vision of integrating leading boutique fitness brands across all fitness verticals on one platform. Answer: Xponential Fitness. Xponential is the largest boutique fitness franchisor in the U.S. with more than 1,750 studios. Theres a reason that when the Peloton Studio was open, people would go there, Siegel says. 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. Our Brands View All > BY THE NUMBERS 10 ", I wasn't motivated with my workouts before now. About Xponential Fitness, Inc. The Sales Manager is rooted in hospitality and upholds our Mission of fueling energetic communal experience. The Xponential & Row House team has the resources and network to ensure your continued growth & support. 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Xponential Fitness, Inc. 17877 Von Karman Ave Suite 100 Irvine, CA 92614 T: 949-346-3000 Investor Relations Addo Investor Relations T: 310-829-5400 [email protected] Transfer Agent Computershare T: 781-575-2725 or 800-952-9245 (TDD) - press 0 and # to be directed to customer service https://www.computershare.com Since then, the franchisor has expanded to nine fitness brands, including Rumble Boxing, Club Pilates, CycleBar, Pure Barre, Row House, StretchLab, YogaSix, STRIDE and AKT. Markets never sleep, and neither does Bloomberg. Our franchise model provides a completely scalable business, allowing you to determine your own success. Keep pulse with the latest in fitness news. Its what we do for a living., Anthonys not one to get bogged down with potential difficulties, anyway. Pure Barre is more than just a barre workout; it's a lifestyle. Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. A hundred and fifty Body Fit Training studios are slated to open within the next year. In 2015, Mr. Geisler purchased Club Pilates, which at the time had about 30 locations. The minute you sign your LOI, the marketing of your studio begins, with personalized support to ensure you generate maximum leads. And it all started with one idea. Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. 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. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. Were about to drop some truth bombshow you fight is how you live. In partnership with its franchisees, Xponential offers energetic, accessible, and personalized workout experiences led by highly qualified instructors in studio locations across 48 U.S. states and Canada, and through master franchise or international expansion agreements in 12 additional countries. I cant tell you who isnt coming in, or whos leaving early, or who was late today, and thats because I treat all our employees as adults. Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. Mr. Meloun has served as our Chief Financial Officer since July 2018. With daily live classes and a global community streaming alongside you, you'll never train alone. Track your investments 24 hours a day, around the clock from around the world. The IPO helps cap off a busy week for. Xponential intends to raise a total of $120 million from the IPO. Founded in 2017 in New York City, Rumble is boxing-inspired group fitness designed for all levels from beginner to advanced. A fitness class held outside a CycleBar in Culver City, California. STRIDE indoor running studios offer coached classes on state-of-the-art Woodway Treadmills and a unique program designed for both walkers and runners. Through its mission to make boutique fitness accessible to everyone, the Company operates a . lululemon x MIRROR. Transform your body, your mind, and your life with Body Fit Training. 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! Xponential Fitness CEO Anthony Geisler joins Yahoo Finance Live to discuss the company's stock, increased memberships, revenue growth, the state of the fitness industry, expansion, and the expectations for the fitness space in 2023. . We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. articles a month for anyone to read, even non-subscribers! 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. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. Mr. Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. 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 . 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. From 2021-2022, Mr. Hagopian was Chief Legal Officer of BetMGM, a leading privately held sports betting entertainment company partially owned by MGM Resorts International. "Then the economicshow much money do these boxes make and is it something we can replicate," continued Geisler of his criteria. Experience a deeper stretch than you could ever get on your own. 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. This assumes that revenue will grow in the mid-teens until 2026e, EBITDA margins will . 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. https://www.xponential.com/ Industries Wellness and Fitness Services Company size 51-200 employees Headquarters Irvine, California Type Public Company Founded 2017 Locations Primary 17877 Von. Hes focused on the here and now. Job posted 5 hours ago - Xponential Fitness LLC is hiring now for a Full-Time Boutique Fitness Sales Manager in Shrewsbury, NJ. Im just excited to have what I have and live a life that I love.. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . The largest global franchiser of boutique fitness brands continues to grow exponentially. Replacing its former service, GO, the new platform collects the entire digital libraries of all 10 brands in one location. Musks TeslaMaster Plan Lacks Drive. It was hard, manual, laborious work. He started his career in fitness management at Fitness USA and 24 Hour Fitness. and an M.B.A. from Arizona State University. Xponential is rolling out Xponential+ (XPLUS), its improved live and on-demand fitness app. Ms. Luna holds a B.F.A. 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. 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. 'Y':'N') +'&jv='+(navigator.javaEnabled()? Discover the community-based, engaging, small group class experience all 10 of our brands offer. The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. 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. 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 (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. 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. The owner of several boutique fitness brands is circling the idea of an IPO for the second time after acquiring Rumble Boxing for $300 million last month. Elevate your corporate wellness program with a boutique benefit. Crunch Franchise Announces Newest Location in Cypress, Texas. Bibendum mauris in id sagittis aenean. As with many fitness brands, the pandemic took its toll on Xponential. Previously, Mr. Hagopian served in several general counselor other legal executiveroles at both publicly-traded and privately-held growth companies. 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Xponential Fitness Enters 2023 'Fully Energized,' says CEO, Providing 2022 Operating Highlights Xponential Fitness grew its total members and studio visits by 32% and surpassed 2,600 open fitness studios. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. Im not here to run each of these brands, because theres just no way I could be CEO of eight brands and run all the day-to-day operations, too.. While studios temporarily closed, Meloun says all of their locations are now back open. With our carefully curated playlists, high energy music, disco ball bumping and a supportive community, you will instantly feel welcome at AKT. Xponential earlier offered 13.3 million shares for $14 to $16. Markets never sleep, and neither does Bloomberg. Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. 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 . 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. Ms. Luna also worked at Pilates by Sarah Luna, a Pilates concept she had founded. 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. Founder, Director and Chief Executive Officer. Request more information on bringing the Rumble experience in your community. They worked hard." At home or on the go, your favorite workout is always one click away. Why? 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. Majority of Xponential Fitness Brands Rank on Entrepreneurs 2023 Franchise 500, Xponential Fitness Signs Master Franchise Agreement in Japan for Rumble and AKT. 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. Junk studied Sports Medicine at Foothill College. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. And a Car. Rumble is part of the Xponential Fitness family of brands, a curator of leading fitness & wellness brands across every vertical in boutique fitness. 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. Now with a proven record in franchising boutique exercise brands, Anthony bought Club Pilates in 2015, eventually creating Xponential Fitness with the intention to curate leading boutique fitness brands across the US. 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. Irvine, California, United States. Anthony Geisler is the Founder and CEO of Xponential Fitness, the curator of leading brands across each vertical of the boutique fitness industry, including Club Pilates, Pure Barre, CycleBar, Row House, StretchLab, AKT, YogaSix, and STRIDE. And it all started with one idea. 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. Live market coverage co-anchored from Hong Kong and New York. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. Ive been doing this for 18 years now with most of the same people who originally started with me.. 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. With 2,200+ studios across the globe and over 405,000 active members, Xponential Fitness is the largest boutique fitness franchisor. 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. So, we try to facilitate that balance for them.. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. 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 All I can tell you is that tomorrow were going to have the same challenges weve had every other day., He says that he will focus on where best to invest resources, including finding real estate and locations as well as supporting inexperienced franchisees, many of whom are running their first business with Xponential Fitness. Courtney has a BA in Media & Communications studies. If one of my employees kids has a recital, then they can just go to it. Mr. Geisler sold the business to UFC Gym in 2012. Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. . Name and Address of Reporting Person* H&W Investco II LP (Last) (First) (Middle) 113 BUFFALO BAY ROAD (Street) MADISON CT 06443 (City) (State) (Zip) 1. 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 the matter. "It wasn't glamorous work," Anthony tells The CEO Magazine. Their work ethic and devotion to the family was inspiring for Anthony. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. 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 Before joining Xponential, Mr. The Best Fitness Studio Workouts On Demand | Xponential+ The world's best boutique fitness classes on demand. The flexologists taught me what movements to do and when to do them!. 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. 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. Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. Our newsletter and website cover emerging fitness technology, brick and mortar gyms, wellness trends, new fitness formats and the industrys economic outlook. is set to give its latest quarterly earnings report on Thursday, 2023-03-02. A fitness class held outside a CycleBar in Culver City, California. Leverage development costs and national vendor relationships to launch your studio successfully. Mr. Geisler holds a B.A. Why? 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. 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. 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. Overnight on Wall Street is daytime in Asia. We dont have forms and committees. 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