Xponential Fitness, Inc. completed the acquisition of Lindora Franchise, LLC from Lindora, LLC.
January 01, 2024
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Xponential Fitness, Inc. (NYSE:XPOF) entered into an agreement to acquire Lindora Franchise, LLC from Lindora, LLC for $9.5 million on December 1, 2023. The transaction also includes up to $1,000,000 of contingent consideration which is subject to the achievement of certain milestones. The acquisition is anticipated to be immediately accretive on both an Average Unit Volume and an Adjusted EBITDA basis. The transaction is expected to close in early 2024.
Xponential Fitness, Inc. (NYSE:XPOF) completed the acquisition of Lindora Franchise, LLC from Lindora, LLC on January 2, 2024.
Xponential Fitness, Inc. is the global franchisor of boutique fitness brands. The Company operates a diversified platform of ten brands spanning across verticals, including pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training and yoga. The Company's portfolio of brands includes Club Pilates, a Pilates brand in the United States; CycleBar, the indoor cycling brand in the United States; StretchLab, a concept offering one-on-one and group stretching services; Row House, the franchised indoor rowing brand in the United States; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix, a yoga brand in the United States; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; BFT, a functional training and strength-based program; Rumble, a boxing-inspired full-body workout, and Lindora, a provider of medically guided wellness and metabolic health solutions.