Xponential Fitness Signs Largest Development Deal in Company’s History with Riser Fitness
Posted: April 20, 2026 in Chains
Xponential Fitness
IRVINE, CA – Xponential Fitness, a leading curator of globally and nationally recognized boutique health and wellness brands, announces the signing of its largest multi-unit agreement in the company’s history. Riser Fitness has obtained the remaining territories in six states and has agreed to open 127 Club Pilates studios over the next five years. The agreement will expand Riser Fitness and Club Pilates’ reach in the following states: California, Idaho, Minnesota, Nevada, Oregon and Washington.
“Riser Fitness has been an exceptional franchisee group and operator for Club Pilates and Xponential Fitness, bringing Pilates to so many communities that can benefit from the practice, and contributing to the brand’s place as a leader in the booming Pilates industry,” said Mike Nuzzo, CEO of Xponential Fitness. “We are thrilled that Riser Fitness will continue to grow Club Pilates’ presence with this exciting deal, which is the largest in Xponential’s history.”
Established in 2013 and funded by more than $140mm in growth capital from funds managed by affiliates of Fortress Investment Group, Riser Fitness operates more than 110 open studios across eight states with a growing international presence. Most recently, the company debuted its first Club Pilates studio as the Master Franchisee in Mexico City and will begin a 40-unit development plan alongside planned acquisitions in the Australian market. With this new deal to develop 127 new locations, Riser Fitness, led by Co-CEOs Jeffrey Nash and Ed Lombardi, further solidifies its position as largest franchisee for Xponential Fitness in terms of licenses held, with more than 340 licenses across its global development pipeline.
“As Pilates continues to boom, Riser Fitness’ trajectory has been unmatched thanks to our team’s operational excellence, Xponential and Club Pilates’ playbook, and Fortress’ support,” said Jeffrey Nash, Co-CEO of Riser Fitness. “We look forward to growing Club Pilates even more in states where we are already seeing great success and bringing Club Pilates to a global audience.”
As the boutique fitness industry matures, large franchisee groups like Riser Fitness are helping Xponential unlock an unprecedented phase of growth for Club Pilates, which is the largest Pilates brand in the world with more than 1,400 studios. Along with Riser Fitness, recent franchise agreements and openings have come from a variety of ownership groups, including Aligned Fitness and Spartan Fitness, with these groups collectively owning more than 300 active Club Pilates units.
