F45 Launches Corporate Partnership Program, Bringing Studios and Classes to the Office

Rhea-AI Summary

F45 Training Holdings Inc. (NYSE: FXLV) has launched a corporate partnership program allowing organizations to open F45 studios within their offices, providing employees direct access to fitness classes. Northrop Grumman is among the first participants. CEO Adam J. Gilchrist emphasized the program's potential for growth, aiming to enhance employee health and wellness initiatives. This move is expected to attract more businesses seeking to improve their offerings and recruit talent by prioritizing employee wellbeing.

Positive

• Launch of a corporate partnership program to enhance employee wellness.
• Northrop Grumman as an initial partner, showcasing company credibility.
• Potential for growth within the corporate health and wellness sector.

Negative

• None.

AUSTIN, Texas--(BUSINESS WIRE)-- F45 Training Holdings Inc. ("F45" or the "Company") (NYSE: FXLV), the fastest growing fitness franchisor in the world according to Entrepreneur, today announced the formal launch of its corporate partnership program. Through this program, organizations will be able to open an F45 studio inside their corporate offices to offer F45 classes directly to their employees. The goal of the program is to make exercise more accessible for corporate employees and bring F45’s innovative fitness program directly to the office.

Multinational aerospace and defense technology company Northrop Grumman Corporation (“Northrop Grumman”) is among the first organizations to participate in the program.

"Today’s corporate partnership program launch showcases yet another way we are continuing to bring the F45 experience to more people around the world,” said Adam J. Gilchrist, President, CEO and Chairman of F45 Training. “We are thrilled to have Northrop Grumman as one of our initial partners and look forward to working with other organizations who understand the value of investing in the mental and physical health and wellbeing of their employees.”

Gilchrist continued, “We see tremendous growth potential within the corporate channel, as employers seek to elevate their health and wellness offerings for employees. We are excited about the future of our corporate program and bringing ‘the world’s best workout’ – F45’s functional, fun and community-driven workouts – directly to where people work. Our corporate partnership program is a great opportunity for organizations to prioritize their employees’ health and recruit top talent.”

For more information about the F45 Training Corporate Partnership Program, please contact corporatepartnership@f45hq.com.

About F45

F45 offers consumers functional 45-minute workouts that are effective, fun and community-driven. F45 utilizes proprietary technologies: a fitness programming algorithm and a patented technology-enabled delivery platform that leverages a rich content database of over 8,000 unique functional training movements across modalities to offer new workouts each day and provide a standardized experience across the Company’s global footprint. For more information, please visit www.f45training.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220622005172/en/

F45 Media

Judy Lee

ICR, Inc.

F45PR@icrinc.com

Source: F45 Training Holdings Inc.

FAQ

What is the F45 Training corporate partnership program?

The F45 Training corporate partnership program allows organizations to open F45 studios in their offices, making fitness classes accessible to employees.

Which company is partnering with F45 for the new program?

Northrop Grumman is one of the first organizations to participate in the F45 corporate partnership program.

How does the F45 corporate partnership program benefit employers?

It helps employers enhance health and wellness offerings for employees, which can improve recruitment and retention.

What is the ticker symbol for F45 Training Holdings?

The ticker symbol for F45 Training Holdings is FXLV.

When was the F45 corporate partnership program launched?

The corporate partnership program was formally launched as stated in the recent press release.