Mark Wahlberg’s F45 Training Goes Public

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.”

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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.

    • Founder: Rob Deutsch
    • Founded: 2013
    • Headquarters: Los Angeles, U.S

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  • In This Story: Mark Wahlberg

    Mark Robert Michael Wahlberg, former stage name Marky Mark, is an American actor, producer, and former rapper. Wahlberg was born in Boston, Massachusetts in 1971. Wahlberg is an executive and part owner at F45 Training, a fitness business which floated on the stock exchange in 2021.

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