Key hire
Company
F45
Sydney, NSW
Funding history
-
IPO
Investors
Every investor coverage indicates participated in a round F45 raised.
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 | ~US$1.5b (~A$1.9b) | SmartCompany (17 Aug 2023), SmartCompany (18 Jul 2023) |
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 |
| Adam Gilchrist | CEO (former) | SmartCompany |
| 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.
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
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.