Equinox sells its SoulCycle: Indoor cycling chain files for a $100 million IPO

SoulCycle, an indoor cycling fitness chain with 38 locations, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.

2015 fitness IPOs
Another fitness chain, Planet Fitness (PLNT), is on the IPO calendar to raise over $200 million next week. Fitness device maker Fitbit (FIT) is now the third best IPO of 2015, up 125% from its June offer price.

The New York, NY-based company was founded in 2006 and booked $124 million in sales for the 12 months ended March 31, 2015. It has not selected a ticker or an exchange. SoulCycle initially filed confidentially on June 23, 2015. Goldman Sachs, BofA Merrill Lynch, Citi, William Blair, Cowen & Company and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.