Finance

Poster for Wexer's acquisition of Intelivideo

Acquisition Alert: Wexer Acquires Digital Fitness Experience Provider Intelivideo; Wexer CEO Says 2023 is a ‘Pivotal Year’

Intelivideo CEO Matt Given said that following the acquisition by Wexer, customers will get new tech, content, & partnership opportunities.

Garmin sign at the RunningLane Cross Country Championships 2022

Inside Earnings Call: Garmin Announces Q4 & FY 2022 Results, Discusses AFib Monitoring, Indoor Cycling, & Wearables

While announcing its Q4 & FY 2022 results, Garmin said its fitness segment hit a bit of a lull, while outdoor segment showed some growth.

Planet Fitness COO Edward Hymes smiling

Inside the Earnings Call: Planet Fitness Performing Well; CEO Notes Increased Health & Wellness Prioritization, Believes Membership can be Doubled

Planet Fitness CEO Chris Rondeau reported on the recent earnings call that he was pleased with the fourth quarter results.

Two cyclists bicycling

Strava Sets Things Straight

Strava set things straight on LinkedIn, detailing in a post on the professional networking site what it is up to.

Lemon Perfect bottle

Lemon Perfect, a Beyoncé-Backed Hydration Company, Raises Nearly $37 Million in Latest Funding Round

Founded in 2017, Lemon Perfect got a huge boost in popularity in 2020 when Beyoncé’ posted a photo on Instagram with a company drink in it.

A person cutting vegetables

Metabolic Mission: Levels Secures $7M Series A Funding Extension

Before this funding extension, Levels had secured a $38 million Series A round last April. So far, the company has raised over $55 million.

Two women in BODY20 suit

Suited for Expansion: BODY20 Announces 200 Signed Franchise Deals, $30M Benetrends Partnership

BODY20 CEO Greg Breitbart shared that his company is expected to open between 60 and 80 studios this year. 

The new Vitamin Shoppe in Valparaiso, Indiana.

The Vitamin Shoppe Opens Doors to ‘New Era’ of Franchising

The Vitamin Shoppe celebrated the grand opening of a new franchise in Valparaiso, IN, calling it a key milestone.

Dustin Grosz & Frank O'Rourke smiling

It’s Official: Dustin Grosz Named Chief Executive Officer of Precor

The immediate focus of new CEO Dustin Grosz will be to return Precor to a position of positive free cash flow.

F45 Hilton Austin

Big Changes for F45

F45 has announced some big, formal changes to the foundation of actor Mark Wahlberg-backed fitness franchise.