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Synopsis
F45 Training, a fitness franchisor, completed the acquisition of Vive Active, a fitness company. Financial terms were not disclosed. “We are thrilled to announce our first acquisition in purchasing Vive Active, a disruptive, innovative fitness brand that is truly complementary to the F45 portfolio. As the fastest growing global fitness franchisor, it is our mission to make it easy for entrepreneurs and investors to follow their passion to start and run successful fitness studio businesses. Our investment in Vive, which leverages our strong balance sheet, demonstrates our commitment to identifying compelling opportunities to drive strong continued growth in our footprint and offerings globally," Adam Gilchrist, F45 President, CEO and Chairman.
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