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F45 Announces First-Of-Its-Kind $150 Million Financing Facility To Accelerate Franchise Expansion In The U.S.

May 16, 2022•about 3 years ago

Amount Raised

$150 Million

Austin

Description

F45 Training Holdings Inc. (NYSE:FXLV) (“F45” or the “Company”), the fastest growing fitness franchisor in the world according to Entrepreneur, today announced a strategic financing facility with affiliates of Fortress Credit Corp. (“Fortress”). The new facility will allow the Company to immediately start offering eligible F45 franchisees access to growth capital to support the development of new F45 studios across the United States

Company Information

Company

F45

Location

Austin, Texas, United States

About

F45 offers consumers functional 45-minute workouts that are effective, fun and community-driven. F45 utilizes proprietary technologies: a fitness programming algorithm and a patented technology-enabled delivery platform that leverages a rich content database of over 8,000 unique functional training movements across modalities to offer new workouts each day and provide a standardized experience across the Company’s global footprint. For more information, please visit www.f45training.com.

Funding Insights

Based on industry data
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