F45 Training to use financing to pay down debt.
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February 16, 2023

News

F45 Training Gets $90 Million in New Financing, New Chairman, New Board Members, Interim CFO

Affiliates of Kennedy Lewis Management LP, which made an unsolicited bid for F45 Training last year, are behind the financing, which in part, will be used to partially pay down an existing senior secured revolving credit facility. The company also amended that facility.

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Fhitting Room Expands into Three More New York Sports Club Locations

Fhitting Room will expand with one location in Philadelphia and one in Washington, DC, as well as a third location in New York City.  

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[Sponsored] Message From Precor CEO

In 2023 we are back to being Precor, a stand-alone subsidiary of Peloton, committed to the satisfaction of our customers and the impression our equipment makes on your exercisers.

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D1 Training Signs Largest Deal in Brand History

The brand plans to award more than 100 territories in 2023, which would put D1’s number of units in development at more than 250 after a record-breaking 2022 for the brand.

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From Club Industry

Club Industry Launches a Franchise Guide for the Fitness Industry

Entrepreneurs looking to start their own health club or studio can now compare franchising options in the Club Industry Franchise Guide. More franchisors are being added to the guide weekly.

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2023: Trends Moving the Health and Wellness Industry into a Brighter Future

Club Industry called upon a range of industry leaders to gauge what they think the trends to watch will be in 2023. Download this free report to read the thoughts of leaders such as Karl Sanft, CEO of 24 Hour Fitness; Adam Sedlack, COO of UFC Gyms; Ben Midgley, CEO of Crunch Franchising; Lindsay Vastola, founder of Vast Potential and more.

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