We advised Xponential Fitness on the offering

Davis Polk advised Xponential Fitness, Inc. in connection with an SEC-registered secondary offering of 5,000,000 shares of Class A common stock by certain selling stockholders for approximately $122.5 million in total gross proceeds. The Class A common stock is listed on the NYSE under the symbol “XPOF.”

Xponential Fitness is the largest global franchisor of boutique fitness brands. It has built and curated a diversified platform of 10 boutique fitness brands spanning verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training and yoga.

The Davis Polk capital markets team included partner Alan F. Denenberg and associates Ali DeGolia, Bex Childress and Sunny Xu. The tax team included partner Michael Mollerus. Harrison Perry provided 1940 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.