Health Fitness Corporation
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Health Fitness Corporation - overview
Location
Minneapolis, MN, US
Primary Industry
Travel & Leisure
About
Health Fitness Corporation specializes in providing innovative solutions for health and wellness, focusing on fitness services and technology to enhance client engagement. The company aims to improve operational efficiency in various industries. Health Fitness Corporation operates as a provider of health and fitness solutions. The company was co-founded by Anurag Yadav, Dapinder Kaur, Inigo Punzano, and Irvin Moeketsi, and it is headquartered in Minneapolis, US.
In November 2005, Tonka Bay Equity Partners fully exited its investment in the company through a Private Placement amounting to USD 10. 20 mn. The company has successfully raised a total of USD 10. 20 mn across its funding rounds, including its most recent deal on November 16, 2005.
The current CEO is Keya Shil. Health Fitness Corporation offers a diverse array of products that focus on addressing specific challenges in sectors such as healthcare, technology, and consumer goods. Their offerings are designed to improve user experience and streamline operations for both businesses and individual consumers, with a strong presence in North America, Europe, and Asia-Pacific. The company continues to refine its products based on customer feedback, ensuring they meet evolving market demands.
In the most recent financial year, 2008, Health Fitness Corporation reported a revenue of USD 77. 68 mn and an EBITDA of USD 5. 93 mn. The company's revenue is generated through direct sales and subscription services, with clients engaging via business-to-business partnerships and direct-to-consumer transactions.
The company's pricing strategy is designed to cater to various customer needs and budgets, enhancing its market reach. Health Fitness Corporation is focused on launching new products designed to meet the evolving demands of the health and wellness sector. The company plans to expand into new markets, specifically targeting regions in Asia and Europe by 2025. The funding from the recent Private Placement of USD 10.
20 mn will support these initiatives, providing necessary resources for product development and market entry strategies.
Primary Industry
Travel & Leisure
Sub Industries
Fitness & Wellness Facilities, Healthcare
Website
www.hfit.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Health Fitness Corporation - financials
| Fiscal Year Ended | Dec 31, 2001 | Dec 31, 2002 | Dec 31, 2003 | Dec 31, 2004 | Dec 31, 2005 | Dec 31, 2006 | Dec 31, 2007 | Dec 31, 2008 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 25,909,978 | 27,864,997 | 31,478,822 | 52,454,668 | 54,942,205 | - | - | - |
| % Revenue Growth (YoY) | - | 7.5% | 13.0% | 66.6% | 4.7% | - | - | - |
| EBITDA (USD) | 2,178,150 | 1,660,197 | 1,538,360 | 4,668,231 | 4,419,925 | - | - | - |
| Operating Income (USD) | 1,361,849 | 1,309,184 | 1,368,047 | 3,540,547 | 3,514,052 | - | - | - |
| Operating Margin | 5.3% | 4.7% | 4.3% | 6.7% | 6.4% | - | - | - |
| % EBITDA Margin | 8.4% | 6.0% | 4.9% | 8.9% | 8.0% | - | - | - |
| NET Income (USD) | 1,806,001 | 3,000,671 | 632,676 | 1,674,020 | 1,345,291 | - | - | - |
| % Net Margin | 7.0% | 10.8% | 2.0% | 3.2% | 2.4% | - | - | - |
Health Fitness Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Focused Health Solutions | - | ||||||||
| Private Placement/Follow on | Completed | Health Fitness Corporation | - | ||||||||
| Buyout | Completed | Health Fitness Corporation | - |
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Health Fitness Corporation - employee data
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