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Xponential Fitness declines to comment on US$1.3bn IPO speculation
POSTED 27 Apr 2021 . BY Tom Walker
Xponential's portfolio of franchised boutique fitness brands include CycleBar Credit: Xponential Fitness
Global boutique fitness giant, Xponential Fitness, has refused to comment on rumours it's considering an IPO.

It is the second time in 18 months that rumours have emerged of a potential listing for the group.

Xponential was first linked to a potential launch onto the stock market in January 2020, but disruptions caused by the pandemic were believed to have put a stop to any plans for a listing.

It seems that the group – which last month added boxing studio operator Rumble to its portfolio of brands – may be rekindling those plans, with analysts projecting values as high as US$1.3bn.

Xponential is backed by entrepreneur and CEO Anthony Geisler and Snapdragon Capital Partners and has grown rapidly in recent years.

In addition to the recently-acquired Rumble, its family of franchised fitness brands 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.

Rumble has already opened 20 new clubs since being bought by Xponential.

The company achieved around US$435m income from franchisees in 2020, in spite of the pandemic.
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Club Pilates in post-lockdown expansion trail with 21 new sites, while owner Xponential launches GO platform


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Jobs   News   Products   Magazine
NEWS
Xponential Fitness declines to comment on US$1.3bn IPO speculation
POSTED 27 Apr 2021 . BY Tom Walker
Xponential's portfolio of franchised boutique fitness brands include CycleBar Credit: Xponential Fitness
Global boutique fitness giant, Xponential Fitness, has refused to comment on rumours it's considering an IPO.

It is the second time in 18 months that rumours have emerged of a potential listing for the group.

Xponential was first linked to a potential launch onto the stock market in January 2020, but disruptions caused by the pandemic were believed to have put a stop to any plans for a listing.

It seems that the group – which last month added boxing studio operator Rumble to its portfolio of brands – may be rekindling those plans, with analysts projecting values as high as US$1.3bn.

Xponential is backed by entrepreneur and CEO Anthony Geisler and Snapdragon Capital Partners and has grown rapidly in recent years.

In addition to the recently-acquired Rumble, its family of franchised fitness brands 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.

Rumble has already opened 20 new clubs since being bought by Xponential.

The company achieved around US$435m income from franchisees in 2020, in spite of the pandemic.
RELATED STORIES
Xponential acquires boxing studio operator Rumble, grows portfolio to nine brands


Boutique fitness behemoth Xponential Fitness has added boxing studio operator Rumble to its ever- growing portfolio of brands.
Xponential Fitness plans 50 locations in Saudi Arabia in deal with Fawaz Abdulaziz Alhokair Company


Xponential Fitness has entered the Saudi Arabian gym market with the launch of five boutique studios in capital city Riyadh.
Club Pilates in post-lockdown expansion trail with 21 new sites, while owner Xponential launches GO platform


Franchise operator Club Pilates has shown that there is growing confidence in the US fitness and wellness sector, by revealing details of an expansion push which will see 21 new locations opening in June alone.
MORE NEWS
Jubilation as group exercise reopens in most of the UK
Indoor group exercise can recommence in England and Scotland today (17 May), as part of the easing of lockdown measures.
54 per cent of public sector health clubs and leisure centres at risk of closure without government help
Thousands of health clubs, swimming pools and leisure centres are under the threat of permanent closure, unless the government provides increased financial support for the sector.
US gyms celebrate the end of mask-wearing
Fully vaccinated people in the US no longer need to wear a face mask whether indoors or outdoors, following a new ruling from the Centers for Disease Control and Prevention (CDC).
Anytime Fitness UK records busiest month ever for new memberships
Anytime Fitness UK has revealed that April was its busiest month for new memberships since it began trading in the UK.
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FEATURED SUPPLIERS

iFit: your readymade omnichannel fitness solution
With gyms and leisure centres in England reopened, and the rest of the UK due to shortly follow suit, the time for being theoretical is over. [more...]

New consumer expectations demand an exceptional customer experience
fibodo believes that providers who meet consumers needs of service, flexibility, richness of content and accessibility will thrive as we build new and different models of working in leisure, health and fitness and across all sports and activities. [more...]
+ More featured suppliers  
COMPANY PROFILES
Crown Sports Lockers

We design, manufacture and install bespoke timber furniture, including lockers, vanities, bench se [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

VIDEO GALLERY

Excite Live Experience: Join the party with Technogym
The new Excite line makes training more fun and inspiring for any age or fitness level with lots of workouts and entertainment options. Find out more...
+ More videos  

DIRECTORY
+ More directory  
DIARY

 

17-20 May 2021

Hot Springs Connection Conference

Quinns Hot Springs Resort, Paradise, United States
23-26 May 2021

Global Beauty & Wellness Exchange

Montage Deer Valley, Park City, United States
+ More diary  
 


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©Cybertrek 2021

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS