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Akin Advises Kennedy Lewis in $90M Financing of F45 Training Holdings Inc.

February 15, 2023

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(New York) – An Akin team advised investment manager Kennedy Lewis Management LP in a new financing of fitness franchisor F45 Training Holdings Inc.  This financing will improve the company’s balance sheet and enhance liquidity as the strengthened board and leadership team drive the business forward and position F45 for long-term sustainable growth. 

This financing was structured as a $90 million subordinated debt facility provided by a consortium of existing investors led by affiliates of Kennedy Lewis (learn more here).

The deal team was led by corporate partner Ryan Kim and integrated special situations and private credit practice co-head Dan Fisher, with corporate practice co-head Zach Wittenberg, partner Jason Koenig and associates John Hill and Grace Zhu.

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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