Baird's Investment Banking Group is pleased to announce the following transaction:

July 2021
Xponential Fitness, Inc.
Initial Public Offering
Baird served as a co-manager on this offering
$120.000 Million

Xponential Fitness, Inc. (“Xponential” or the “Company”) (NYSE: XPOF) recently completed an initial public offering generating gross proceeds of $120 million. The Company sold 10,000,000 shares of its Class A common stock at a public offering price of $12.00 per share. In addition, Xponential has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock at the initial public offering price, less the underwriting discount.

Founded in 2017, Xponential Fitness, Inc., is a curator of leading boutique fitness brands across multiple verticals. Through its mission to make boutique fitness accessible to everyone, the Company has built and curated a diversified platform of nine boutique fitness brands spanning across verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running and yoga. In partnership with its franchisees, Xponential offers energetic, accessible, and personalized workout experiences led by highly-qualified instructors in studio locations across 48 U.S. states and 10 additional countries as of June 30, 2021. Xponential’s portfolio of brands includes Club Pilates, the nation's largest Pilates brand; CycleBar, the nation's largest indoor cycling brand; StretchLab, a concept offering one-on-one and group stretching services; Row House, a high-energy, low-impact indoor rowing workout; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix, the largest franchised yoga brand; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; STRIDE, a treadmill-based cardio and strength training concept; and Rumble, a boxing-inspired full-body workout. The Company is headquartered in Irvine, California.

For additional information about this transaction, please contact:

Matthew Tingler +1-312-609-4470
Chris Sciortino +1-312-609-4923
Joseph Pellegrini +1-704-553-6612
Sandy Walter +1-414-298-5118
Ryan Engelhardt +1-414-298-2637
Robert Foster +44-20-7667-8309