Xponential opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. He then successfully launched his brand in 35 states before selling it in 2012. 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 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. Ten exceptional brands, 2,100+ studios, one pass. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. Mr. Meloun holds both a B.S. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. Shares of Xponential (NYSE: XPOF) have enjoyed growth of 31% over the last month, and the news of the acquisition gave another boost. Rumble is part of the Xponential Fitness family of brands, a curator of leading fitness & wellness brands across every vertical in boutique fitness. 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. Track your investments 24 hours a day, around the clock from around the world. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. 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. Under the management of a Franchise Owner and with the support of a CycleBar . Junk studied Sports Medicine at Foothill College. Obviously, people need to do their jobs, but were not micromanaging. They worked their butts off, he says. General Manager Job Description. The Sales Manager is rooted in hospitality and upholds our Mission of fueling energetic communal experience. "The addition of Pure Barre to our already robust portfolio of brands enhances our company and establishes Xponential as the number one curator . degree from USC Marshall School of Business, and a J.D. They can just go. She enjoys hiking, being outdoors, and is an avid reader. 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. He has dedicated most of his career to franchising 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. In 2020, the company received The Asia-Pacific Franchise of the Year Award, which celebrated its business growth during the lockdown. 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. 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. 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! 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? 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. 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. Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. 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. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. 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. Live market coverage co-anchored from Hong Kong and New York. Markets never sleep, and neither does Bloomberg. He started his career in fitness management at Fitness USA and 24 Hour Fitness. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. Were about to drop some truth bombshow you fight is how you live. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. 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. 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. 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. 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. Anthony got his start in the dot-com bubble of the late 1990s. Name and Address of Reporting Person* H&W INVESTCO LP (Last) (First) (Middle) Anthony attributes this success to the strong, tight-knit culture he has developed in each business he has run. He sensed an opportunity when he realized how undervalued the brand was, and he purchased the gym with an eye towards national expansion. 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. Theres a reason that when the Peloton Studio was open, people would go there, Siegel says. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . Updated Nov 9, 2021, 11:51am PST. 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. 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. Pure Barre is more than just a barre workout; it's a lifestyle. Xponential intends to raise a total of $120 million from the IPO. Track your investments 24 hours a day, around the clock from around the world. Live market coverage co-anchored from Hong Kong and New York. His confidence in others extends to his views about the future, and he bristles at questions about his long-term business plans. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Transform your body, your mind, and your life with Body Fit Training. He says what sets Xponential apart is its ability to keep consumers in its ecosystem. It wasnt glamorous work, Anthony tells The CEO Magazine. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. Before joining Xponential, Mr. Both IPOs come on the heels of a bludgeoning year for the fitness industry. 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. Total revenue was $106.6 million last year, down 17.4%. Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. January 11, 2023 Xponential Fitness CEO talks fitness demand, franchise growth, and adding brands Keep pulse with the latest in fitness news. 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. 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. Analysts . 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. Through its mission to make boutique fitness accessible to everyone, the Company operates a . 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 . 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. 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 Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. Musks TeslaMaster Plan Lacks Drive. 'Y':'N') +'&jv='+(navigator.javaEnabled()? They worked hard." Yoga is a personal practice but at YogaSix we believe it's shared together with a community that uplifts each other and supports progression, both on and off the mat. 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. It attributed the growth to equipment installations and royalties from sales in North America. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . What Could Elon Musk Possibly Be Thinking? Mr. Meloun has served as our Chief Financial Officer since July 2018. Our content creates conversations, our voice is the one that matters. Anthony Geisler, CEO and Founder of Xponential Fitness. Expert & ExtensiveSupport. 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Love it!, Whether you are a veteran in the fitness game or if this is your first time rowing, these workouts are for you., No matter what class I select, the instructor always motivates me to focus & work hard!, Finally found a platform catered to my combination of strength and cardio and now I'm hooked! Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. Elevate your corporate wellness program with a boutique benefit. About Xponential Fitness, Inc. "Then it's, do you want to be partners with these people." Xponential Fitness 5M share Spot Secondary . 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. Looking ahead: . These are the skills we aim to develop because thats what it truly means to be a fighter. Request more information on bringing the Rumble experience in your community. 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 . Bibendum mauris in id sagittis aenean. The longevity and team spirit Anthony has cultivated is based on the respect and independence he gives his staff. Xponential Fitness. 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. (Podcast). 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. 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 -. Overnight on Wall Street is daytime in Asia. 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. She studied yoga & meditation under Beryl Bender Birch at The Hard & The Soft Yoga Institute. Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. Track your investments 24 hours a day, around the clock from around the world. Courtney has a BA in Media & Communications studies. 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. Prior to that, Mr. Hagopian held several in-house roles at MGM Resorts International, most recent of which was a four-year tenure as Chief Corporate Counsel. The Irvine, California-based company sold 10 million shares on Thursday for $12 each, according to a statement. If one of my employees kids has a recital, then they can just go to it. . 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. Requirement: 2+ years of retail/service sales or fitness sales experience. 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. Leverage development costs and national vendor relationships to launch your studio successfully. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. Ive been doing this for 18 years now with most of the same people who originally started with me.. Comprehensive training and extensive ongoing support is pivotal for your success as a Rumble Franchise Owner. 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. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. 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.. 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. Founder, Director and Chief Executive Officer. 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 boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. 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. . Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. 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.. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. Despite a trying time for many companies due to COVID, Body Fit Training performed well during the challenging period. All financial figures included in this release refer to global numbers, unless otherwise noted. Founded in 2017 in New York City, Rumble is boxing-inspired group fitness designed for all levels from beginner to advanced. Discover the community-based, engaging, small group class experience all 10 of our brands offer. 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. While studios temporarily closed, Meloun says all of their locations are now back open. Last name. Why? Xponential Fitness is in talks to go public again. Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. The company put talks of going public on the backburner when COVID-19 first hit. "Then the economicshow much money do these boxes make and is it something we can replicate," continued Geisler of his criteria. 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 Fitness Inc. is partnering with Fitness International LLC to open Xponential brands' studios, such as Club Pilates and Pure Barre, at LA Fitness and . The IPO helps cap off a busy week for. 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I believe that if people dont have that time with their family, then they probably arent focused on whats going on at work. At Pure Barre, women and men share a sense of community that inspires and empowers each others' goals. 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. 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. Answer: Xponential Fitness. We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. 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. 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.. articles a month for anyone to read, even non-subscribers! 2,220+ STUDIOS OPEN 4,684+ LICENSES AWARDED 48 STATES REQUEST FORM Request more information on bringing the Rumble experience in your community. Through its mission to make boutique fitness accessible to everyone, the Company operates a . Xponential has tapped banks including Bank of America Corp., Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as advisers, the people said. Xponentials public offering follows Mark Wahlberg-backed Australian franchise studio operator F45 Trainings debut on the public market last week. Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. 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 . Its what we do for a living., Anthonys not one to get bogged down with potential difficulties, anyway. The quality of the trainer defines a class receive assistance hiring the most qualified trainers, general managers & sales team. Ms. Luna holds a B.F.A. 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. Ceo and Founder of Xponential fitness, LLC employees kids has a recital, then probably! Engaging, small group class experience all 10 of our brands offer million acquisition Xponential. In this life, and is an avid reader, it will be good for them mission of energetic. 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