F45 Training Holdings Inc. is a global fitness franchising company that was founded in 2011 by Rob Deutsch and Adam Gilchrist. The company is based in Los Angeles, California, and offers high-intensity group training workouts that last 45 minutes each. These workouts are designed to provide a full-body workout that combines resistance and cardio training, with functional movements that help participants build strength and endurance. F45 Training currently operates in over 60 countries and has over 2,500 studios globally.
In 2020, F45 Training went public through a merger with a special purpose acquisition company (SPAC) named Crescent Acquisition Corp. The merger valued F45 Training at $845 million, and the newly formed company began trading on the NASDAQ exchange under the ticker symbol "FXLV." As part of the merger, F45 Training received $325 million in cash proceeds to fund its expansion plans.
Since its founding, F45 Training has rapidly grown into one of the fastest-growing fitness franchises in the world. The company's unique workout style has attracted a large following, with participants reporting significant improvements in their fitness levels. F45 Training's franchise model has also been successful, with its franchising system allowing for rapid expansion into new markets.
In addition to its group training workouts, F45 Training offers its clients access to nutrition plans, personalized training programs, and other resources to help them achieve their fitness goals. The company's focus on providing personalized training programs has helped it build a loyal following of fitness enthusiasts who are looking for a comprehensive and effective workout program.
Looking ahead, F45 Training has ambitious plans to continue expanding its global footprint. The company aims to increase its presence in existing markets while also entering new ones. F45 Training also plans to continue developing new workout programs and services to meet the evolving needs of its clients.