Fitness companies back in business with IPOs

June 28, 2021

The last week has seen a number of companies in the fitness industry making comebacks with public offerings or announcing intent to do so:

• Pure Barre parent Xponential Fitness seeks IPO likely valuing firm at some $1.3B Seeking Alpha
• Beachbody went public via a three-way business combination with Peloton competitor Myx Fitness Holdings and Forest Acquisition Corp., a SPAC backed by NBA hall of Famer Shaquille O’Neal. Fox Business
• Fitness franchise company F45 Training has filed an initial public offering. A date to go public is not specified in the filing, but if the IPO goes through, it will trade as FXLV on the New York Stock Exchange. Club Industry