Mr. Hagopian has served as our Chief Legal Officer since March 2023. Xponential Fitness Enters 2023 'Fully Energized,' says CEO, Providing 2022 Operating Highlights Xponential Fitness grew its total members and studio visits by 32% and surpassed 2,600 open fitness studios. The Irvine, California-based company sold 10 million shares on Thursday for $12 each, according to a statement. Theres a reason that when the Peloton Studio was open, people would go there, Siegel says. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. In 2017, Xponential Fitness hit $148 million in revenue across. According to the findings of an independent analysis commissioned by Frost & Sullivan outlined in the companys filings, the total market opportunity of the U.S. boutique fitness market was $21.1 billion in 2019 and is expected to recover to $22.1 billion by 2022, according to an independent industry analysis by research firm Frost & Sullivan (which was outlined in the companys filings). 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 falls -12.4% February 8, 2023TipRanks. 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. 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 addition of Pure Barre to our already robust portfolio of brands enhances our company and establishes Xponential as the number one curator . 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 . Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . 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. Here's what investors need to know before the announcement. Markets never sleep, and neither does Bloomberg. Updated Nov 9, 2021, 11:51am PST. With daily live classes and a global community streaming alongside you, you'll never train alone. Xponential Fitness, Inc. 17877 Von Karman Ave Suite 100 Irvine, CA 92614 T: 949-346-3000 Investor Relations Addo Investor Relations T: 310-829-5400 investor@xponential.com Transfer Agent Computershare T: 781-575-2725 or 800-952-9245 (TDD) - press 0 and # to be directed to customer service https://www.computershare.com 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. "Then it's, do you want to be partners with these people." STRIDE indoor running studios offer coached classes on state-of-the-art Woodway Treadmills and a unique program designed for both walkers and runners. 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. 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. 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. 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. Xponential is rolling out Xponential+ (XPLUS), its improved live and on-demand fitness app. Why? 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. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. Courtney has a BA in Media & Communications studies. 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. Expert & ExtensiveSupport. 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Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. Enjoy comprehensive & ongoing sales training, monthly calls & expert guidance from pre-sale through to Grand Opening & into sustainability. 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. 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. Track your investments 24 hours a day, around the clock from around the world. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. 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. Mr. Meloun has served as our Chief Financial Officer since July 2018. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. Founded in 2017 and headquartered in Irvine, California , Xponential Fitness, Inc., is a curator of leading boutique fitness brands across multiple verticals. Join to apply for the General Manager role at Xponential Fitness. Were kicking ass and having a good time, and were doing something nobody has ever done, he says. Last name. The quality of the trainer defines a class receive assistance hiring the most qualified trainers, general managers & sales team. Both IPOs come on the heels of a bludgeoning year for the fitness industry. degree from USC Marshall School of Business, and a J.D. IRVINE, Calif., February 27, 2023 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF) (the "Company" or "Xponential Fitness"), the largest global franchisor of boutique fitness brands . 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. 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. 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. 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. What Could Elon Musk Possibly Be Thinking? 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. Requirement: 2+ years of retail/service sales or fitness sales experience. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. Xponential Fitness LLC, the franchise owner of boutique fitness brands including Club Pilates and CycleBar, is planning a U.S. initial public offering, according to people with knowledge of. Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. Anthony Geisler is the Founder and CEO of Xponential Fitness, the curator of leading brands across each vertical of the boutique fitness industry, including Club Pilates, Pure Barre, CycleBar, Row House, StretchLab, AKT, YogaSix, and STRIDE. 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. I still work with the very first employee I hired all those years ago, whos been with me for five brands now, he says. His confidence in others extends to his views about the future, and he bristles at questions about his long-term business plans. Why? is set to give its latest quarterly earnings report on Thursday, 2023-03-02. The CEO Magazine is more than a business title; its a source of information, inspiration and motivation for the worlds most successful leaders, executives, investors and entrepreneurs. We learn together, we grow together. 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.. "Then the economicshow much money do these boxes make and is it something we can replicate," continued Geisler of his criteria. Listing could value Club Pilates brand owner at $1.3 billion, California firm acquired boxing franchise Rumble in March. from University of Southern California. Hes focused on the here and now. 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.. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. 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. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. Financial Performance* Collaborate with Studio Owner to set monthly, weekly, and daily targets; Live market coverage co-anchored from Hong Kong and New York. Mr. Hagopian received a B.S. Our system-wide sales exceed pre-Covid levels. 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. Junk also served as Executive Vice President for Capital Fitness Group LLC, a health and fitness club company; and Mr. For $19 to $249 a month, subscribers can work out at 2,000+ US locations. C/O XPONENTIAL FITNESS, INC. 17877 VON KARMAN AVE, SUITE 100 (Street) IRVINE CA 92614 (City) (State) (Zip) 1. Were about to drop some truth bombshow you fight is how you live. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. Founded in 2017 in New York City, Rumble is boxing-inspired group fitness designed for all levels from beginner to advanced. 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. Crunch Franchise Announces Newest Location in Cypress, Texas. IRVINE, Calif.-- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or "the Company"), a curator of leading boutique fitness brands, announced that effective today it. The company offers XPASS, a fitness pass that allows members to attend classes across the company's nine brands, and gets "consumers who like to snack around within boutique fitness" to stick around, he says. 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. Mr. Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. With 2,200+ studios across the globe and over 405,000 active members, Xponential Fitness is the largest boutique fitness franchisor. Row House offers high-energy, music driven group classes combining rowing intervals with resistance based floor exercises for an all-in-one low impact, cardio enhancing, full-body strength workout for all fitness levels. The Xponential & Row House team has the resources and network to ensure your continued growth & support. 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. Xponential Fitness owner of companies like Pure Barre, Rumble, and YogaSix generated $63.8 million in revenue in Q3 2022, a 56% increase year-over-year. Junk served as Divisional President for UFC Gym, a mixed martial arts fitness company, where he had previously also served as Vice President of Sales. 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. Mr. Geisler began his career in fitness with the purchase of LA Boxing in 2001. Apply today at CareerBuilder! A rapidly growing disruptor in the fitness industry, Xponential Fitness was ranked in Fast Company's annual list of the World's Most Innovative Companies for 2019 within the wellness category.Offering a diversified portfolio of specialized fitness concepts in eight unique verticals, Xponential Fitness has sold over 2,600 studio locations across the globe and recently signed a Master . And it all started with one idea. 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. 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 . Creating a strong foundation for movement with a range of class offerings that challenge your mind as well as your body, Club Pilates provides a path to a more fulfilling life. Mr. Meloun holds both a B.S. Cost: $30 (two complimentary fitness classes are included with Princess Plus and unlimited fitness classes are included with Princess Premier) Class Length: 30 Minutes Times Offered: Specific times will vary depending on ship and itinerary, but classes generally take place between 7-10am and 5-7pm. 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