Deals
Wahlberg-Backed F45 Is Said to Be in Crescent Merger Talks
- Fitness company would go public via blank-check deal
- F45 had previously filed for an initial public offering
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F45 Training, a provider of group fitness classes backed by Mark Wahlberg, is in talks to go public by merging with blank-check company Crescent Acquisition Corp., according to people familiar with the matter.
A deal could be announced as soon as Tuesday, said one of the people, who requested anonymity because the talks are private. The company is expected to be valued at less than $1 billion, some of the people said.