Deals
Mark Wahlberg Backs Australian Fitness Franchise F45 Training
- Actor is part of an investment group buying a minority stake
- Deal values company at roughly $450 million, person says
Mark Wahlberg and F45 Training
Source: F45 Training
Mark Wahlberg Investment Group and FOD Capital are buying a minority stake in F45 Training, a fitness franchise that will use the capital to fuel its global expansion.
The deal for the closely-held company, which was founded in Sydney, Australia, in 2012, values it at roughly $450 million, according to a person familiar with the matter. Founder Rob Deutsch said in an interview that F45 had been searching for a strategic partner for more than two years when its patience paid off with Wahlberg, whose Hollywood credits include starring roles in “The Departed” and “The Fighter.”