
Function Lands Another $450M, CEO Says More Acquisitions Are Possible
The Austin, Texas-based Function, valued at $2.5 billion last fall, has emerged as the leader in the crowded direct-to-consumer health testing vertical
Athletech News is a publication in Burnaze's franchise knowledge graph, mentioned since 2020. 2,218 stories link here, each summarized from the original publisher. - Self‑guided recovery experiences can expand wellness access and generate new revenue streams for hotels, resorts, and spas, as highlighted by Human Touch’s automated massage solutions [[ea95ec]] - Athletech News runs the Operators Room, delivering playbooks, case studies and reporting for fitness and wellness businesses, and is positioned as a leading business‑media platform covering the global fitness and wellness industry [[8b13b5]] - The outlet publishes daily executive‑move coverage across boutique‑fitness brands, tracking leadership changes and strategic hires [[739e64]] - Athletech News hosts the “Disrupt” podcast, featuring industry leaders such as Adam Shane of Yoga Joint discussing trends and innovations [[028672]] - It reports on boutique‑fitness M & M activity, noting that recent transactions have closed at valuations ranging from $5 million to $50 million [[bad0e9]]
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The Austin, Texas-based Function, valued at $2.5 billion last fall, has emerged as the leader in the crowded direct-to-consumer health testing vertical

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Les Mills US CEO Sean Turner emphasizes group fitness as a strategic retention tool as consumers shift toward community-based longevity and wellness experiences.

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CR Fitness Holdings is expanding its Texas footprint with a 14th location in McKinney, part of a strategic plan to reach 20 units in the Dallas-Fort Worth area.

Former Aldi executive Jon Eckman joins the gym chain as chief development officer to oversee real estate and national expansion strategy.

Industry experts discuss diversifying funding sources, including revenue-based financing and franchising, to fuel long-term expansion for boutique fitness and wellness brands.

CEO Adam Sedlack discusses how the global fitness franchise uses intentional touchpoints and group workouts to drive member retention across its 170+ locations.

New data suggests post-pandemic growth in the fitness sector may be leveling off, prompting questions about long-term traffic trends for gym operators.

Industry veteran Jodi Searl joins ABC Fitness as CXO, while franchise accelerator Franchise FastLane appoints a new chief executive to lead its next phase of growth.