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. What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. 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. With 2,200+ studios across the globe and over 405,000 active members, Xponential Fitness is the largest boutique fitness franchisor. The Sales Manager is rooted in hospitality and upholds our Mission of fueling energetic communal experience. 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. ", I wasn't motivated with my workouts before now. 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. 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. 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According to data from the IHRSA, the U.S. fitness club industry lost $20.4 billion in 2020, just a year after generating a record $35 billion in revenue. 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. And a Car. articles a month for anyone to read, even non-subscribers! Comprehensive training and extensive ongoing support is pivotal for your success as a Rumble Franchise Owner. 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. Live market coverage co-anchored from Hong Kong and New York. 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. 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. 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.. You WILL sweat, and you WILL love it!., Never have I ever had this good of a workout, while having fun the entire time. Enjoy a low-cost entry, a recurring revenue model, strong EBITDA margins, and the confidence in our team that has decades of experience in fitness franchising. BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. When Anna Kaiser sold her dance-based fitness concept called AKT, which stands for Anna Kaiser Technique and is popular with celebrity clients like Shakira and Kelly Ripa, to Xponential Fitness in March 2018, both seller and buyer had glowing words for the other. 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. 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. Founded in 2017 by Anthony Geisler, Xponential Fitness has built and curated a diversified platform of nine boutique fitness brands spanning across fitness and wellness verticals -. And a Car. Job posted 5 hours ago - Xponential Fitness LLC is hiring now for a Full-Time Boutique Fitness Sales Manager in Shrewsbury, NJ. A fitness class held outside a CycleBar in Culver City, California. 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. It wasnt glamorous work, Anthony tells The CEO Magazine. Chief Operating Officer. 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. Mr. Geisler holds a B.A. Requirement: 2+ years of retail/service sales or fitness sales experience. 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. Elevate your corporate wellness program with a boutique benefit. Track your investments 24 hours a day, around the clock from around the world. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. As with many fitness brands, the pandemic took its toll on Xponential. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. Recognizing the potential of boutique fitness clubs, Geisler founded Xponential in 2017, making Club Pilates the companys first brand. Our consumers came right back to the studio [post-Covid], Meloun says. The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. (Podcast). Earlier in his career, Mr. Meloun served as World Wide Financial Planning & Analysis Manager at Emerson Network Power, and, prior to that, Mr. Meloun held various roles at Motorola, most recently serving as Senior Marketing and Engineering Analyst. Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. Xponentials public offering follows Mark Wahlberg-backed Australian franchise studio operator F45 Trainings debut on the public market last week. Keep pulse with the latest in fitness news. 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. 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. Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. They worked hard.. The classes are broken up into manageable intervals, but don't get me wrong - you WILL work. Mr. Geisler served as CEO and led the company through robust growth, roughly quadrupling the number of open studio locations, before selling a stake of the company to private equity firm TPG Growth in May 2017. 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. 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. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. Replacing its former service, GO, the new platform collects the entire digital libraries of all 10 brands in one location. Junk also served as Executive Vice President for Capital Fitness Group LLC, a health and fitness club company; and Mr. Dec 29, 2022 06:06pm. At home or on the go, your favorite workout is always one click away. 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. Shares of Xponential (NYSE: XPOF) have enjoyed growth of 31% over the last month, and the news of the acquisition gave another boost. For $19 to $249 a month, subscribers can work out at 2,000+ US locations. 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. In 2020, the company received The Asia-Pacific Franchise of the Year Award, which celebrated its business growth during the lockdown. What Could Elon Musk Possibly Be Thinking? And it all started with one idea. He franchised the brand and built it into the largest boxing, kickboxing, and mixed martial arts fitness franchise in the country. It's really easy to run one brand, but when you bring nine into a portfolio, its a different level of complexity, says Xponential CFO John Meloun. 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. Its what we do for a living., Anthonys not one to get bogged down with potential difficulties, anyway. (Podcast). 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. Were kicking ass and having a good time, and were doing something nobody has ever done, he says. Financial Performance* Collaborate with Studio Owner to set monthly, weekly, and daily targets; Xponential Fitness 5M share Spot Secondary . At Pure Barre, women and men share a sense of community that inspires and empowers each others' goals. Overnight on Wall Street is daytime in Asia. "Then it's, do you want to be partners with these people." Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. 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. In 2015, Mr. Geisler purchased Club Pilates, which at the time had about 30 locations. The IPO helps cap off a busy week for. He started his career in fitness management at Fitness USA and 24 Hour Fitness. About Xponential Fitness, Inc. 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. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. About Xponential Fitness, Inc. Markets never sleep, and neither does Bloomberg. The largest global franchiser of boutique fitness brands continues to grow exponentially. Confident in . They can just go. He has dedicated most of his career to franchising Looking ahead: . 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. C/O XPONENTIAL FITNESS, INC. 17877 VON KARMAN AVE, SUITE 100 (Street) IRVINE CA 92614 (City) (State) (Zip) 1. Both IPOs come on the heels of a bludgeoning year for the fitness industry. "It wasn't glamorous work," Anthony tells The CEO Magazine. 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. Xponential Fitness is in talks to go public again. Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. 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. Markets never sleep, and neither does Bloomberg. Ive been doing this for 18 years now with most of the same people who originally started with me.. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. Apply Now By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. Highly recommend!, I travel a lot for work, and this app has been great to keep up on my fitness routine while staying in hotels and being on the road. Im amazed by the kind of executives who work on 10-year business plans. 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. In Payments, Like Geopolitics, India Seeks a Third Way, Visitors Flock to Macau Again, But Its Gambling Dependence Draws Beijings Ire, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, UK Mothers Say It No Longer Makes Financial Sense to Work, Starbucks Illegally Fired 6 New York Union Activists, Judge Rules, Vietnams VinFast Delivers First EVsto US Customers, Musk Tamps Down Speculation That Tesla Will Mine Lithium, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. Xponential has tapped banks including Bank of America Corp., Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as advisers, the people said. Xponential opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. Xponential Fitness Inc., the franchise owner of boutique fitness brands including Club Pilates and CycleBar, filed for a U.S. initial public offering after delaying its listing plans when. Ms. Luna has served as our President since January 2021, and, prior to that, held various roles at our brands since 2015, including President of Pure Barre, and Senior Vice President of Operations and National Sales Director at Club Pilates. Previously, Ms. Luna was a Jazzercise franchise Owner growth during the height of the pandemic took its on! # x27 ; t glamorous work, & quot ; Anthony tells the CEO Magazine,,... Debut on the go, the new platform collects the entire digital libraries of 10! 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