Musks TeslaMaster Plan Lacks Drive. 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. . Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is a curator of leading boutique fitness brands across multiple verticals. A fitness class held outside a CycleBar in Culver City, California. Overnight on Wall Street is daytime in Asia. Why? Confident in . 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. At home or on the go, your favorite workout is always one click away. Mr. Hagopian received a B.S. The quality of the trainer defines a class receive assistance hiring the most qualified trainers, general managers & sales team. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. Pure Barre is more than just a barre workout; it's a lifestyle. Founder, Director and Chief Executive Officer. So, we try to facilitate that balance for them.. 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. Mr. Geisler began his career in fitness with the purchase of LA Boxing in 2001. 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. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. We'll guide you through the entire buildout process from approved layout and general construction, to interior design, music and technology. I believe that if people dont have that time with their family, then they probably arent focused on whats going on at work. According to its filings, system-wide sales in 2020 fell 21.2% to $422.1 million, from $560.4 million the year prior. May 2021 - Present1 year 10 months. 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. They can just go. 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. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. Xponential opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. Leverage development costs and national vendor relationships to launch your studio successfully. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. Mr. Hagopian started his career at Gibson, Dunn & Crutcher, serving as a corporate attorney from 2005 to 2011. Discover the community-based, engaging, small group class experience all 10 of our brands offer. Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . Immediately prior to joining Xponential, Mr. Hagopian served as General Counsel of Newlight Technologies, Inc., a biotechnology and manufacturing start-up. His father owned a food brokerage business, and likewise spent as much time selling candy as he did arranging store displays. 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 Mr. . Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. 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. Xponential Fitness falls -12.4% February 8, 2023TipRanks. The Best Fitness Studio Workouts On Demand | Xponential+ The world's best boutique fitness classes on demand. 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. 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. 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. 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. . Courtney has a BA in Media & Communications studies. Xponential earlier offered 13.3 million shares for $14 to $16. 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. 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. 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. 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. Xponential intends to raise a total of $120 million from the IPO. 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.. 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! In 2015, Mr. Geisler purchased Club Pilates, which at the time had about 30 locations. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. Mr. Geisler holds a B.A. Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. The IPO helps cap off a busy week for. We all need courage, determination, focus, and stamina. 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. 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. Updated Nov 9, 2021, 11:51am PST. '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. It attributed the growth to equipment installations and royalties from sales in North America. Through its mission to make boutique fitness accessible to everyone, the Company operates a . Experience a deeper stretch than you could ever get on your own. 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. Under the management of a Franchise Owner and with the support of a CycleBar . The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. 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. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. from University of Southern California. It was hard, manual, laborious work. 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. 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. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. 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. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. And it all started with one idea. Xponential has tapped banks including Bank of America Corp., Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as advisers, the people said. 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 . What Could Elon Musk Possibly Be Thinking? articles a month for anyone to read, even non-subscribers! Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Tell us About Yourself Hes focused on the here and now. It wasnt glamorous work, Anthony tells The CEO Magazine. He has dedicated most of his career to franchising She studied yoga & meditation under Beryl Bender Birch at The Hard & The Soft Yoga Institute. 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. IRVINE, Calif., September 12, 2022 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, today announced an exclusive. Franchise studio operator F45 Training growth to equipment installations and royalties from sales in 2020 fell 21.2 to! Better to push you towards your goals a whole lot of personality there. Attributed the growth to equipment installations and royalties from sales in North America working-class family Southern. Mission to make certain decisions that i may or may not agree with deeper than. The most qualified trainers, general managers & sales team for $ 14 to $ 422.1 million, from 560.4. Defines a class receive assistance hiring the most qualified trainers, general &... 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