F45 Training Holdings Inc.

Based in Texas, US, and founded in 2013 by Adam Gilchrist, M2M Investments, Marc Marano, and Rob Deutsch, F45 Training Holdings Inc. doing business as F45 Training, is a franchisor, and fitness network specialized in high-intensity groups workouts. In March 2019, MWIG, an investment vehicle formed by FOD Capital (a family office) acquired a minority stake in the company, and in July 2021, it went public by trading on NYSE under the ticker symbol FXLV. As of August 2021, the company sold more than 2,247 franchises in 63 countries, including nearly 1,500 studios, and employs more than 122 employees, and is led by Adam Gilchrist as its CEO.

The firm operates and provides wellness and fitness facilities that offer training, exercises, and workout services along with its athletes, trained professionals, and exercise scientists to serve the needs and demands of its clients. The company offers different types of cardio, resistance, and hybrid exercises which includes full-body training builds, lifting, squatting, jumping, twisting, pulling, pushing, punching, kicking, and rowing, etc, under its proprietary 45-minutes workout concept, a combination of high-intensity interval, circuit, and functional training. The firm’s fitness program database consists of over 3,900 functional training movements, which ensures its clients’ new workouts each day, and its content delivery platform allows the firm to broadcast content, including training instructions and timing, directly to its studios located across the globe. The company's revenue is generated by providing membership services that allow clients to pay and get the services based on their specific wellness needs, as well as by selling fitness equipment and footwear online or through its website.

The firm generated USD 18. 1 million in revenue for the three months ended March 2021. It also generated USD 82. 3 million as revenue in 2020, and USD 92.

6 million in 2019. Following its initial public offering, F45 Training Holdings Inc. intends to use the proceeds to repay its existing debts. The company also plans to open up to 7,000 studios in the US and 23,000 globally.