 |
|
|
 |
19 Oct 2021
Xponential hits 1,000 sites outside of North America following US$44m Body Fit Training deal
BY
Tom Walker
|
The acquisition of Body Fit Training takes Xponential over the 1,000-location mark
photo: Body Fit Training
Xponential Fitness has acquired Body Fit Training in a deal worth US$44m. The deal takes the number of studios open – or contracted to open – across the Xponential Fitness estate outside of North America to 1,000.
The Australia-based functional fitness operator becomes the 10th brand in Xponential's portfolio of franchised fitness businesses.
Body Fit Training currently has nearly 130 franchised studios across Australia, New Zealand, and Singapore.
There are a further 150 studios previously sold and contractually obligated to open across the Asia Pacific region within the next 12 months.
Founded in 2017, Body Fit Training offers community-based, 50-minute functional, high-energy strength, cardio, and conditioning-based classes across 13 workout programmes.
Anthony Geisler, CEO of Xponential Fitness, said: "We see significant opportunities to expand BFT’s existing studio base both in the US and internationally and look forward to the brand’s continued success.
"We will leverage the Xponential playbook to provide Body Fit Training robust franchisee support and access to best practices to generate synergies across our entire portfolio."
Xponential completed an initial public offering (IPO) on the New York Stock Exchange (NYSE) on 23 July.
The company's portfolio of brands now includes Club Pilates, CycleBar, StretchLab, Row House, AKT, YogaSix, Pure Barre, STRIDE, Rumble and Body Fit Training.
Xponential is the second fitness brand to breach the 1,000-club mark recently, following Basic-Fit’s announcement that it has opened its 1,000th site in Tilburg in the Netherlands. Basic-Fit is an owner-operator, while Xponential is a franchise business.
 |
|
|
|
|
|
|
|
|
|
Connect with
World Leisure |
|
|
|
|
|
|
|
|
|
|
|
|
|
| News headlines |
|
|
 |
 |
|
26 Apr 2024
There is speculation that Basic Fit will sell the five Spanish Holmes Place clubs it has just acquired from RSG Group in a 47-club deal. In the Q1
.... more>> |
|
|
|
 |
|
25 Apr 2024
Kerzner International has signed deals to operate two new Siro recovery hotels in Mexico and Saudi Arabia, following the launch of the inaugural Siro
.... more>> |
|
|
|
 |
|
24 Apr 2024
The US spa industry is continuing its upward trajectory, achieving an unprecedented milestone with a record-breaking revenue of US$21.3 billion in
.... more>> |
|
|
|
 |
|
24 Apr 2024
Short-term incentives to exercise, such as using daily reminders, rewards or games, can lead to sustained increases in activity, according to new
.... more>> |
|
|
|
|
|
 |
|
| Company profile |
|
![]()
|
| Catalogue gallery |
|
|
| Featured Supplier |
|
 |
|
|
|
in this issue
• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources
|
|
|
|
|
|
|
 |
| World Leisure jobs |
 |
Party Leader
Salary: Competitive
Location: Gainsborough
Company: Everyone Active
|
|
|
|
|
|
| Diary dates |
|
| Powered
by leisurediary.com |
 |
|
|
|
|
