Zumba Fitness, LLC
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Zumba Fitness, LLC - overview
Established
2001
Location
Hallandale Beach, FL, US
Primary Industry
Travel & Leisure
About
Zumba Fitness, LLC is a leading provider of dance-based fitness programs, offering engaging classes and instructor training worldwide to promote health and wellness through movement and community interaction. Founded in 2001 in Hallandale Beach, US, Zumba Fitness, LLC specializes in dance-based fitness programs and has evolved its offerings to include in-person and virtual classes. The company was co-founded by Alberto Perez, Alberto Perlman, Amy Jeschke, Janet Ackerman, and Michael Greenfield, with Alberto Perlman serving as CEO. It has successfully completed 2 deals since its inception.
Zumba Fitness, LLC specializes in a diverse range of products and services focused on dance-based fitness and wellness. The company's core offerings include Zumba® classes, available in-person and virtually through the Zumba® App, and Zumba® Instructor Training programs that empower individuals to lead their own classes. These classes cater to various fitness levels and promote an engaging environment that encourages physical activity and social interaction. Additionally, Zumba offers Zumba® Wear, apparel designed for fitness enthusiasts.
Their services extend globally, with a strong presence in North America, Europe, Latin America, and Asia, serving fitness enthusiasts, gyms, and individuals seeking enjoyable ways to achieve wellness goals. Zumba Fitness, LLC generates revenue through multiple streams, primarily from class participation fees, instructor training sessions, and merchandise sales. Their business model includes direct-to-consumer transactions via the Zumba® App, providing access to on-demand classes and a library of fitness resources for a subscription fee. Collaborations with fitness centers allow them to offer Zumba® classes as part of their group fitness programs.
The training programs for aspiring instructors are a significant revenue source, facilitating the certification process for new instructors. Furthermore, Zumba® Wear and related apparel are sold directly to consumers, supplementing the company's revenue through retail and online channels. Zumba Fitness, LLC plans to enhance its offerings by designing new fitness programs and expanding its reach into emerging markets. Specific targeted regions include Asia and Eastern Europe, with efforts to increase presence by 2025.
Recent funding has been utilized to support these initiatives, following the exit of The Raine Group from its stake in the company, though financial terms of this deal were not disclosed.
Current Investors
Insight Partners, The Raine Group
Primary Industry
Travel & Leisure
Sub Industries
Consumer Services, Fitness & Wellness Facilities
Website
www.zumba.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Zumba Fitness, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Zumba Fitness, LLC | - | ||||||||
| Unspecified Exit | Completed | Zumba Fitness, LLC | - |
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