F45 Training Holdings Inc is a fitness franchisor. The Company is focused on creating a global fitness training and lifestyle brand. It offers consumers functional 45-minute workouts that are effective, fun and community-driven. The Company's workouts combine elements of high-intensity interval, circuit and functional training. The Company delivers its workouts primarily through digitally-connected global network of studios, and the Company has built a technology-enabled platform that allows it to create and distribute workouts to its global franchisee base. It operates under three reportable segments: United States, Australia and Rest of World. The United States includes operations in the United States and 17 studios in Central and South America. The Company's Australian operations include Australia, New Zealand and the immediately surrounding island nations. Its Rest of World (ROW) operations consists of locations other than the United States and Australia.