Xponential Fitness divests Lindora brand to Next Health Management Group

Xponential Fitness, Inc.

Completed sale of Lindora to Next Health Management Group; terms not disclosed.
CEO Mike Nuzzo says divestiture allows focus on core fitness modalities for profitability.
Next Health will support existing and new Lindora franchise locations.
Houlihan Lokey acted as financial advisor; McDermott Will & Schulte as legal advisor.
Transaction closed on September 19, 2025; no financial impact disclosed.

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