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Technogym
Technogym
Technogym
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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

Xponential Fitness completes IPO, with share price slightly below estimates

Xponential Fitness has completed its initial public offering
The global boutique fitness giant listed on the New York Stock Exchange (NYSE)
Its opening share price of US$11.20 was slightly below its estimated US$14 to US$16 range
It is the second major operator – alongside F45 Training – to go public this month

Xponential Fitness has completed its initial public offering (IPO), becoming the second major franchised operator – after F45 Training – to go public this month.

The global boutique fitness giant listed on the New York Stock Exchange (NYSE) on 23 July, with an opening share price of US$11.20 – below its estimated US$14 to US$16 range.

Since then, the shares have increased in price slightly and are currently (27 July) trading at around US$12.

"It's a monumental day as we become a public company listed on the NYSE," Xponential said in a statement.

"We're so thankful for our Xponential family, who is made up of dedicated staff members, owners and studio teams."

Xponential has grown rapidly in recent years. In March 2021 the group acquired boxing studio operator Rumble, adding it to its portfolio of franchised fitness brands.

As well as Rumble, the portfolio now includes Pure Barre, Club Pilates, CycleBar, YogaSix, StretchLab, Row House, AKT, and STRIDE.

The group opened 394 new locations in 2019 and another 240 during the pandemic-hit 2020.

It recently launched five of its brands in the emerging Saudi Arabian market, including Club Pilates, Pure Barre, AKT, YogaSix, and CycleBar.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Xponential Fitness has completed its initial public offering (IPO), becoming the second major player operator – after F45 Training – to go public this month.
HAF,FIT,IND,PTS
2021/THUMB348202_100327_548383.jpg
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News

Xponential Fitness completes IPO, with share price slightly below estimates

Xponential Fitness has completed its initial public offering
The global boutique fitness giant listed on the New York Stock Exchange (NYSE)
Its opening share price of US$11.20 was slightly below its estimated US$14 to US$16 range
It is the second major operator – alongside F45 Training – to go public this month

Xponential Fitness has completed its initial public offering (IPO), becoming the second major franchised operator – after F45 Training – to go public this month.

The global boutique fitness giant listed on the New York Stock Exchange (NYSE) on 23 July, with an opening share price of US$11.20 – below its estimated US$14 to US$16 range.

Since then, the shares have increased in price slightly and are currently (27 July) trading at around US$12.

"It's a monumental day as we become a public company listed on the NYSE," Xponential said in a statement.

"We're so thankful for our Xponential family, who is made up of dedicated staff members, owners and studio teams."

Xponential has grown rapidly in recent years. In March 2021 the group acquired boxing studio operator Rumble, adding it to its portfolio of franchised fitness brands.

As well as Rumble, the portfolio now includes Pure Barre, Club Pilates, CycleBar, YogaSix, StretchLab, Row House, AKT, and STRIDE.

The group opened 394 new locations in 2019 and another 240 during the pandemic-hit 2020.

It recently launched five of its brands in the emerging Saudi Arabian market, including Club Pilates, Pure Barre, AKT, YogaSix, and CycleBar.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
Xponential Fitness has completed its initial public offering (IPO), becoming the second major player operator – after F45 Training – to go public this month.
HAF,FIT,IND,PTS
2021/THUMB348202_100327_548383.jpg

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HCM Magazine
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We’re asking the music industry to reinstate the Online Music Fitness Licence and to simplify music licencing arrangements
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Andy Janes and Jamie Whisken explain the vision behind R1SE Bournemouth, and why Technogym was their choice of partner in delivering their unique fusion boutique
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Supplier launch
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HCM Magazine
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Featured supplier news
Featured supplier news: Uptivo: Individual and group heart rate tracking
Uptivo is an all-in-one digital solution for fitness clubs, fitness boutique studios and personal trainers that provides powerful tools to schedule activities, manage member payments, and monitor heart rate both for remote and on-site classes.
Featured supplier news
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People's fitness goals are extremely diverse – ranging from an elite athlete focused on the next goal to someone who dislikes all activity due to chronic back pain.
Featured operator news
Featured operator news: Everyone Active generates £342m in social value
Award-winning leisure operator Everyone Active generated £342million in social value at its sites across the country in 2019/20.
Featured operator news
Featured operator news: Everyone Active bolsters Everyone on Demand and enters second year with five new partnerships
Everyone Active has signed a number of new deals which will see the operator strengthen its digital product offering, Everyone on Demand.
Company profiles
Company profile: Les Mills UK
For over 50 years Les Mills has been leading the way in fitness to inspire ...
Company profiles
Company profile: Myzone
Myzone is an innovative heart rate monitor and community engagement tool to track physical activity ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Architects/designers
Zynk Design Consultants: Architects/designers
Exercise equipment
Matrix Fitness: Exercise equipment
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Salt therapy products
Himalayan Source: Salt therapy products
Whole body cryotherapy
Art of Cryo: Whole body cryotherapy
Management software
Premier Software Solutions: Management software
Spa software
SpaBooker: Spa software
Wearable technology solutions
MyZone: Wearable technology solutions
Red Light Therapy
 Red Light Rising: Red Light Therapy
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Property & Tenders
Welwyn Garden City
Welwyn Hatfield Borough Council
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Newport, Shropshire
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21-24 Sep 2021
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Diary dates
13-14 Oct 2021
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Technogym
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