Only eight months after being acquired by Irvine’s Xponential Fitness Inc. (NYSE: XPOF), New York boxing brand Rumble Boxing announced it has signed over 200 franchise agreements.
The milestone makes it one of Xponential’s fastest-growing brands in the fitness franchising company’s portfolio, which includes Club Pilates, Pure Barre, Cyclebar and YogaSix.
Franchise agreements will bring multiple Rumble studios to several cities, including Miami, Dallas, Austin, Nashville, Denver, San Francisco and Boston, Internationally, Rumble also has signed master agreements in Australia and New Zealand.
Following the announcement, shares in Xponential Fitness rose 5.4% to $20.37 apiece and a $955 million market cap.
