Fitness Giant Xponential Planning to Go Public After Acquiring Rumble
April 21, 2021
Xponential Fitness is in talks to go public — again.
The owner of several boutique fitness brands is circling the idea of an IPO for the second time after acquiring Rumble Boxing for $300 million last month. The company put talks of going public on the backburner when COVID-19 first hit.
Justin Bieber, Sylvester Stallone, and Equinox Fitness are investors in Rumble, and star athletes like David Beckham have been spotted at classes.
A listing could value Xponential — which also owns Pure Barre, CycleBar, and Club Pilates — at roughly $1.3 billion, per Bloomberg. Front Office News