Xponential Fitness Appoints Rachel Lee to Board of Directors

Thursday, Aug 28, 2025 10:11 am ET1min read

Xponential Fitness has appointed Rachel Lee to its Board of Directors, expanding the board from six to seven members. Lee brings nearly two decades of financial and private equity experience, and will serve on the Nominating and Corporate Governance Committee. The company is a leading global franchisor of boutique health and wellness brands, operating a diversified platform of six brands including Club Pilates, StretchLab, YogaSix, Pure Barre, BFT, and Lindora.

Xponential Fitness, Inc., a leading global franchisor of boutique health and wellness brands, has appointed Rachel Lee to its Board of Directors. This addition, effective August 25, 2025, will expand the board from six to seven members. Lee brings nearly two decades of experience in finance and private equity, and will serve on the Nominating and Corporate Governance Committee [1].

Rachel Lee's extensive background includes roles at prominent institutions such as Applied Digital Corporation and Bank of Hope, both listed on NASDAQ, as well as Legacy Franchise Concepts, the parent company of SweatHouz. Her prior experience also includes Cooper?s Hawk Winery and Restaurants, Floor & Decor, and Insight Global. Before joining the board of directors, Lee was a Partner and Head of the Consumer Private Equity practice at Ares Management, overseeing strategy and deal execution across the full investment lifecycle. Earlier in her career, she worked in the investment banking division at JPMorgan Chase & Co. [1].

Xponential Fitness operates a diversified platform of six brands, including Club Pilates, StretchLab, YogaSix, Pure Barre, BFT, and Lindora. The appointment of Lee aligns with the company's strategic goal of leveraging her expertise to drive growth and innovation. Lee's background in finance and private equity will be particularly valuable in navigating the complex financial landscape and ensuring the company's long-term success.

The appointment of Rachel Lee is part of a broader trend in the private equity (PE) landscape, as seen in the recent $2.31 billion take-private of Topcon Corporation by KKR and JICC Capital. This deal exemplifies a shift towards long-term value creation, supported by global PE expertise and public-private collaboration. The Topcon deal, funded by KKR's Asian Fund IV and JICC's policy-aligned investment vehicles, reflects a hybrid ownership structure that balances private equity agility with public-sector stability [2].

The appointment of Rachel Lee to the Xponential Fitness Board of Directors signals a strategic move to enhance the company's governance and financial acumen. As the PE landscape in Japan continues to evolve, investors should focus on sectors where PE can drive innovation, such as healthcare and industrial tech. The appointment of Lee aligns with these trends, positioning Xponential Fitness to capitalize on the growing demand for health and wellness solutions.

References:
[1] https://www.marketscreener.com/news/xponential-fitness-inc-appoints-rachel-lee-to-its-board-of-directors-effective-august-25-2025-ce7c50dede8df62d
[2] https://www.ainvest.com/news/kkr-strategic-private-topcon-paradigm-shift-japan-private-equity-landscape-2508/

Xponential Fitness Appoints Rachel Lee to Board of Directors

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