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Equinox-backed fitness chain SoulCycle withdraws $100 million IPO

SoulCycle, a indoor cycling fitness chain, spun out of Equinox, with 58 locations, withdrew its plans for an initial public offering on Friday, citing market conditions. It originally filed in July 2015 with a proposed deal size of $100 million. The New York, NY-based company was founded in 2006 and booked $151 million in sales for the 12 months ended September 30, 2015. It had...read more

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....read more

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