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Tom Dowd, recently appointed CEO of F45, said he remains optimistic the business can be
turned around, in spite of retrospectively revealing losses of US$372.3 million over the past
two years and being entangled in a number of legal challenges.
news •
01 Nov 2023
The share price of F45 Training has fallen by 75 per cent, after the franchised fitness
group announced plans to
delist from the New York Stock Exchange (NYSE) and deregister its common stock – 92
per cent down on the
year – valuing it at US$88m.
news •
16 Aug 2023
Franchised fitness operator, F45, has named Tom Dowd as its new CEO, effective
immediately.
news •
24 Apr 2023
Mark Wahlberg- and David Beckham-backed F45 Training has announced a reduction in
its core workforce
of 110 employees with the aim of cutting its cost base. The number represents around
50 per cent of the
head office headcount.
news •
28 Jul 2022
Following its IPO, the sporting superstar is investing in global gym franchise, F45
HCM issue 8 2021
David Beckham has been named the new global partner for F45 Training.
news •
11 Aug 2021
Despite a tough year, the franchise operators are optimistic with their forward plans. Emma Canning finds out more
HCM Handbook 2021
F45's IPO on the New York Stock Exchange (NYSE) has revealed a strong appetite from
investors, with 18.75 million shares sold, priced at US$16 each, raising around US$300m
and giving a market value of around US$1.5bn at float.
news •
20 Jul 2021
Australian HIIT chain F45 Training has filed a notification to list on the New York Stock Exchange.
news •
25 Jun 2021
Actor Mark Wahlberg has officially joined Power Plate as an investor in parent company,
Performance Health Systems and brand ambassador for the product. He will also consult on
strategy, product and programming development.
news •
29 Apr 2021
Australian HIIT chain F45 is set to list on the US-based NASDAQ stock exchange, after securing
a deal with Crescent Acquisition Corporation (CAC), a special purpose acquisition company.
news •
25 Jun 2020
Australian fitness franchise F45 has secured deals to open sites in emerging markets across the
Middle
East and Africa – taking the number of countries it operates in to more than 40.
news •
24 Jun 2019
The 47-year-old Hollywood actor and
fitness enthusiast has recently invested in
Australian fitness concept F45
HCM issue 5 2019
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