Key hire
Startup · $100m raised
F45
Sydney, NSW
Funding history
-
IPO : $325,000,000
-
Unnamed stage : $100,000,000
Investors
Every investor coverage indicates participated in a round F45 raised.
| Investor | Rounds | Invested |
|---|---|---|
| Mark Wahlberg | Unnamed stage | - |
| MWIG LLC | Unnamed stage | - |
Who bought F45
The transaction that ended F45's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| - | IPO | Jun 2021 | ~$1.5b | SmartCompany (Thu 17 Aug 2023), SmartCompany (Tue 18 Jul 2023), SmartCompany (Fri 16 Jul 2021) |
What F45 bought
Companies F45 acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
| Name | Role | Sources |
|---|---|---|
| Tom Dowd | President and CEO | SmartCompany |
| Robert Madore | Interim CFO (former) | SmartCompany |
| Ben Coates | Interim CEO | SmartCompany |
| Mark Wahlberg | Head of Brand | SmartCompany |
| Peter Pisani | Global Performance Director (former) | SmartCompany |
| Heather Christie | Chief Operating Officer | SmartCompany |
| Chris Payne | Chief Financial Officer | SmartCompany |
| Rob Deutsch | Chief Executive (former) · Founder | SmartCompany (Fri 16 Jul 2021), SmartCompany (Thu 2 Jul 2020) |
| Adam Gilchrist | CEO (former) · Founder | SmartCompany (Tue 18 Jul 2023), SmartCompany (Fri 16 Jul 2021), SmartCompany (Thu 2 Jul 2020) |
| David Beckham | Brand Ambassador (former) | SmartCompany |
| Greg Norman | Brand Ambassador (former) | SmartCompany |
Coverage
Stories naming F45. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
undisclosed
~$17.5m
STRONG Pilates strikes Central and Eastern Europe expansion with Polish fitness giant Xtreme Brands
Melbourne fitness chain STRONG Pilates partners with Poland's Xtreme Brands to enter Central and Eastern Europe; the piece also recalls bValue Fund's roughly $17.5m investment in the Polish operator.
19 deals
Blast OIF | 24 things from 2024
OIF Ventures' 2024 review: two portfolio companies acquired, a talent-leadership hire, its fourth fund deploying, new investments in eight named startups and nine follow-on rounds.
5 deals
Five ANZ startups that raised $38.5 million this week
Weekly roundup detailing five raises across Australian and New Zealand startups — Hapana, Kinoxis Therapeutics, Appetise, Bike Matrix and Aglow — worth a combined $38.5 million, naming lead investors and planned expansion for each.
Series A
$17.3m
Fitness software startup Hapana presses $17.3 million Series A for global push
Fitness membership software maker Hapana has secured a $17.3 million Series A backed by OIF Ventures and Bailador, earmarked for a second-generation platform and US and APAC growth.
5 deals
Nacho typical QSR: A look at the financials of Guzman Y Gomez
An analysis of Guzman Y Gomez's financials ahead of a rumoured IPO, covering its franchise economics, store buybacks and earlier raises and stake sales by TDM, Magellan and Aware Super.
Unnamed stage
$100m
Unpacked: The epic rise and dramatic downfall of fitness chain F45
A financial teardown of gym franchise F45, tracing its 2021 Wall Street listing, Wahlberg's investment and share sales, executive departures, franchisee struggles and the author's view on a possible turnaround under new leadership.
Also SmartCompany·SmartCompany
Unnamed stage
$3.3m
Aussie fitness chain Fitstop is taking on the US with the help of a local industry expert
Fitness franchise Fitstop, built by Peter Hull, is expanding to California in 2023, supported by a US$2.5 million raise and the appointment of ex-F45 figure Peter Pisani as North American athletic director.
Unnamed stage
After a rocky road to IPO, Aussie-born fitness empire F45 is finally trading on the NYSE, closing its first day with a $2 billion valuation.
Fitness franchise F45 has listed on the New York Stock Exchange, raising $325 million and finishing its first trading day near a $2 billion valuation, after an earlier SPAC merger plan collapsed.
Unnamed stage
F45 to IPO: How a Sydney fitness studio grew into an international franchise
F45 is merging with a US blank-cheque company to list on NASDAQ, with the article recounting the fitness franchise's Sydney origins, rapid growth, legal dispute and founder's departure.
Also SmartCompany·SmartCompany