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Xponential Fitness Priced, NYSE: XPOF

Roll-up of franchised boutique fitness brands with over 1,750 studios in North America.

Industry: Consumer Discretionary

Latest Trade: $11.66 +0.06 (+0.5%)

First Day Return: +2.1%

Return from IPO: -3.3%

Industry: Consumer Discretionary

Xponential Fitness is a curator of leading boutique fitness brands across multiple verticals. Our mission is to make highly specialized workouts in motivating, community-based environments accessible to everyone. We are the largest boutique fitness franchisor in the United States with over 1,750 studios operating across nine distinct brands. Our diversified portfolio of brands spans a variety of fitness and wellness verticals, including Pilates, barre, cycling, stretch, rowing, yoga, boxing, dance and running. By leveraging our network of over 1,400 franchisees, we are able to capitalize on popular and proven fitness modalities to rapidly and efficiently expand boutique fitness experiences globally. Collectively, our brands offer consumers engaging experiences that appeal to a broad range of ages, fitness levels and demographics. Across our system, over 850,000 unique consumers completed nearly 20 million in-studio, live stream and virtual workouts in 2020. The foundation of our business is built on strong partnerships with franchisees. We provide franchisees with extensive support to help maximize the performance of their studios and enhance their return on investment. In turn, this partnership accelerates our growth and increases our profitability. We believe our unique combination of a scaled multi-brand offering, resilient franchise model with strong unit economics and integrated platform has enabled us to build our leading market position in the large and growing U.S. boutique fitness industry.
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IPO News for Xponential Fitness
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IPO Data
IPO File Date 06/25/2021
Offer Price $12.00
Price Range $14.00 - $16.00
Offer Shares (mm) 10.0
Deal Size ($mm) $120
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/22/2021
Offer Price $12.00
Price Range $14.00 - $16.00
Offer Shares (mm) 10.0
Deal Size ($mm) $120
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Irvine, CA
Founded 2017
Employees 270
Website www.xponential.com