trending Market Intelligence /marketintelligence/en/news-insights/trending/DrRtSDzFiHvjkUT2_OyTLg2 content esgSubNav
In This List

Report: Xponential Fitness plans US IPO

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective

Blog

Insights Weekly: Midstream sector gains; loan growth momentum; insurance M&A on the rise


Report: Xponential Fitness plans US IPO

Xponential Fitness LLC, which operates gyms including Club Pilates and CycleBar, plans to raise about $300 million from a U.S. IPO, Bloomberg News reported Jan. 14, citing sources.

The gym operator is seeking a valuation of about $1 billion and has enlisted Bank of America Corp., Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as advisers, according to the report.

California-based Xponential did not immediately respond to requests for comment from S&P Global Market Intelligence and told Bloomberg News that it does not comment on rumors or speculation.

Luxury gym company Equinox Fitness Holdings Uk Ltd. is reportedly in "advanced discussions" to invest in Xponential, the report added.