Bloomberg Markets and Finance published this video item, entitled “Mark Wahlberg’s F45 Training Goes Public” – below is their description.
Jul.29 — F45 Training Holdings Inc., the provider of group fitness classes backed by actor Mark Wahlberg, raised $325 million in its initial public offering. It began trading on July 15. That’s when Adam Gilchrist, F45’s chief executive officer, spoke on “Bloomberg Markets.”Bloomberg Markets and Finance YouTube Channel
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In This Story: F45 Training
F45 Training is an American franchisor and operator of fitness centers based in Los Angeles, California. It has over 1,750 studios in 45 countries across Australia/Oceania, North America, South America, Asia, Europe and Africa.
F45 Training floated on the New York Stock Exchange in July 2021, and carries the stock ticker (NYSE: FXLV).
Before the IPO, in 2019, actor Mark Wahlberg and FOD Capital, a fund managed by Michael Raymond, led a private equity investment in F45 through MWIG, a private investment vehicle. Wahlberg is now an executive at the business.
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- Founder: Rob Deutsch
- Founded: 2013
- Headquarters: Los Angeles, U.S