Saturday 27 June 2020

Mark Wahlberg-backed gym chain F45 plans to go public

Crescent Acquisition Corp has agreed to acquire fitness company F45 Training Holdings and take the company public. The deal values the combined companies at $845 million including debt and is expected to close in the third quarter, according to Bloomberg. The post-acquisition public company will retain the F45 Training name and operations aren’t expected to significantly change. As of last August, F45 had around 1,750 gyms across the globe, including several hundred in the U.S.,



source https://therealdeal.com/2020/06/27/mark-wahlberg-backed-gym-chain-f45-plans-to-go-public/

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