Akin Gump Advises Kennedy Lewis in Connection with F45 Training Holdings IPO

(New York) – A team from Akin Gump advised Kennedy Lewis Investment Management, a leading opportunistic credit manager, as an investor in—and lender to—F45 Training Holdings, a global fitness community, in connection with its initial public offering (IPO).

Last fall, Kennedy Lewis, also advised at the time by Akin Gump, invested $225 million, comprising a $125 million loan and $100 million in convertible notes, in F45. The notes converted into shares of F45 common stock after the IPO, with Kennedy Lewis set to own 11.4 percent of the company.

The Akin Gump team advising Kennedy Lewis was led by Dan Fisher, head of the firm’s integrated special situations group, corporate partner Zachary Wittenberg and finance partner Ryan Kim. They were joined by finance associates John Hill and Joseph Lumley, and by securities regulatory partner Jason Daniel and senior counsel William Wetmore.

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers and advisors in offices throughout the United States, Europe, Asia and the Middle East.

# # #