AGÕæÈ˹ٷ½

STOCK TITAN

Tiger Finance Provides $35 Million in Funding for The Beachbody Co.

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Tiger Finance, in partnership with SG Credit Partners, has provided The Beachbody Company (NYSE:BODI) with a $35 million financing package. The three-year loan facility includes a $25 million immediate term loan and a $10 million uncommitted accordion. The funding allowed Beachbody to retire $17.3 million in outstanding debt and add $5 million to its balance sheet. The financing is designed to support the fitness and nutrition company's transition to a new business model and expansion in the digital fitness space. Beachbody's CEO Carl Daikeler emphasized that the funding provides liquidity to execute their strategy of opening new and more profitable distribution channels.
Tiger Finance, in collaborazione con SG Credit Partners, ha fornito a The Beachbody Company (NYSE:BODI) un pacchetto di finanziamento da 35 milioni di dollari. Il prestito triennale comprende un finanziamento a termine immediato di 25 milioni di dollari e un "accordion" non vincolante da 10 milioni di dollari. Il finanziamento ha permesso a Beachbody di estinguere 17,3 milioni di dollari di debito residuo e di aggiungere 5 milioni di dollari al proprio bilancio. Il finanziamento è stato progettato per supportare la transizione dell'azienda di fitness e nutrizione verso un nuovo modello di business e l'espansione nel settore del fitness digitale. Il CEO di Beachbody, Carl Daikeler, ha sottolineato che i fondi forniscono liquidità per attuare la loro strategia di apertura di nuovi canali di distribuzione più redditizi.
Tiger Finance, en asociación con SG Credit Partners, ha proporcionado a The Beachbody Company (NYSE:BODI) un paquete de financiamiento de 35 millones de dólares. La línea de crédito a tres años incluye un préstamo a plazo inmediato de 25 millones y un "accordion" no comprometido de 10 millones. El financiamiento permitió a Beachbody cancelar 17.3 millones de dólares de deuda pendiente y añadir 5 millones a su balance. El financiamiento está diseñado para apoyar la transición de la empresa de fitness y nutrición hacia un nuevo modelo de negocio y su expansión en el ámbito del fitness digital. El CEO de Beachbody, Carl Daikeler, destacó que los fondos proporcionan liquidez para ejecutar su estrategia de abrir nuevos canales de distribución más rentables.
Tiger FinanceëŠ� SG Credit Partners와 협력하여 The Beachbody Company(NYSE:BODI)ì—� 3,500ë§� 달러ì� 금융 패키지ë¥� 제공했습니다. 3ë…� 만기 대ì¶� 시설ì—는 즉시 실행ë˜ëŠ” 2,500ë§� 달러ì� 기한부 대출과 1,000ë§� 달러ì� 비확ì � 확장 옵션ì� í¬í•¨ë˜ì–´ 있습니다. ì´ë²ˆ ìžê¸ˆ 조달ì� 통해 BeachbodyëŠ� 1,730ë§� 달러ì� 미지ê¸� 부채를 ìƒí™˜í•˜ê³  500ë§� 달러ë¥� 대차대조표ì—� 추가í•� ìˆ� 있었습니ë‹�. ì� 금융 ì§€ì›ì€ 피트니스 ë°� ì˜ì–‘ 회사가 새로ìš� 비즈니스 모ë¸ë¡� 전환하고 디지í„� 피트니스 분야ë¡� 확장하는 ë� ë„움ì� 주기 위해 설계ë˜ì—ˆìŠµë‹ˆë‹�. Beachbodyì� CEO Carl DaikelerëŠ� ì� ìžê¸ˆì� 새로ìš� ë� 수ìµì„� ë†’ì€ ìœ í†µ 채ë„ì� 개설하는 ì „ëžµì� 실행하는 ë� í•„ìš”í•� 유ë™ì„±ì„ 제공한다ê³� 강조했습니다.
Tiger Finance, en partenariat avec SG Credit Partners, a accordé à The Beachbody Company (NYSE:BODI) un financement de 35 millions de dollars. La facilité de prêt sur trois ans comprend un prêt à terme immédiat de 25 millions de dollars et une option d'augmentation non engagée de 10 millions de dollars. Ce financement a permis à Beachbody de rembourser 17,3 millions de dollars de dette en cours et d'ajouter 5 millions de dollars à son bilan. Ce financement est conçu pour soutenir la transition de l'entreprise de fitness et de nutrition vers un nouveau modèle commercial et son expansion dans le domaine du fitness numérique. Le PDG de Beachbody, Carl Daikeler, a souligné que ce financement apporte la liquidité nécessaire pour mettre en œuvre leur stratégie d'ouverture de nouveaux canaux de distribution plus rentables.
Tiger Finance hat in Partnerschaft mit SG Credit Partners der The Beachbody Company (NYSE:BODI) ein Finanzierungspaket in Höhe von 35 Millionen US-Dollar bereitgestellt. Die dreijährige Kreditfazilität umfasst einen sofortigen Terminkredit über 25 Millionen US-Dollar und eine nicht verpflichtende Erweiterungsoption (Accordion) von 10 Millionen US-Dollar. Die Finanzierung ermöglichte es Beachbody, 17,3 Millionen US-Dollar an ausstehenden Schulden zu tilgen und 5 Millionen US-Dollar zur Bilanz hinzuzufügen. Die Finanzierung soll das Fitness- und Ernährungsunternehmen bei der Umstellung auf ein neues Geschäftsmodell und der Expansion im Bereich digitales Fitness unterstützen. Beachbodys CEO Carl Daikeler betonte, dass die Finanzierung Liquidität bereitstellt, um ihre Strategie zur Eröffnung neuer und profitablerer Vertriebskanäle umzusetzen.
Positive
  • Secured $35 million in financing to support business transition
  • Retired $17.3 million of outstanding debt
  • Added $5 million in capital to balance sheet
  • Three-year loan term provides extended financial flexibility
  • Strategic focus on expanding digital fitness and nutrition channels
Negative
  • Company requires turnaround financing indicating financial difficulties
  • Taking on new debt to pay off existing debt shows potential cash flow challenges
  • Need for business model transition suggests current model may be underperforming

--Turnaround financing, done in partnership with SG Credit Partners, designed to support fitness and nutrition company's transition to a new business model.   

NEW YORK, June 10, 2025 /PRNewswire/ -- 's lending platform, , has provided $35 million in financing to (NYSE:BODI), a leading fitness and nutrition company.

participated with Tiger in the funding package, which included an immediate $25 million term loan, as well as a $10 million uncommitted accordion. The three-year loan facility allowed the El Segundo, California-based company to retire $17.3 million of outstanding debt, while adding approximately $5 million of capital to its balance sheet.

"We're very excited to partner with Beachbody to support their expansion in the digital fitness and nutrition space," said Andy Babcock, Managing Director at Tiger Finance. "Our team believes that this and other strategic moves by management should position Beachbody for greater profitability and long-term growth."

Carl Daikeler, Beachbody Co-Founder and Chief Executive Officer, added: "Tiger's belief in our business plan and flexible approach to lending gave us the liquidity to execute on our efforts to open new and more profitable channels of distribution. We are thrilled to partner with them and SG Credit Partners on our turnaround strategy."

About Tiger Finance
Stretch asset-based lender Tiger Finance approaches investing decisions based upon Asset Intelligence. Providing first-lien, second-lien, and split-lien facilities, typically structured as term debt, Tiger Finance advances against working capital, machinery and equipment, fixtures, real estate, and intellectual property across a wide range of industries. It is a division of  which specializes in the provision of secured debt financing and equity investments, as well as comprehensive appraisals for the ABL industry and the disposition of consumer and industrial assets.

About BODi and The Beachbody Company, Inc.
Originally known as Beachbody, BODi has been innovating structured step-by-step home fitness and nutrition programs for 25 years such as P90X, Insanity, and 21-Day Fix, plus the first premium superfood nutrition supplement, Shakeology. Since its inception in 1999 BODi has helped over 30 million customers pursue extraordinary life-changing results. The BODi community represents millions of people helping each other stay accountable to goals of healthy weight loss, improved strength and energy, and resilient mental and physical well-being. For more information, please visit .

Media Contacts: At Jaffe Communications, Elisa Krantz, (908) 789-0700, [email protected].

Cision View original content:

SOURCE Tiger Group

FAQ

What is the total amount of financing Tiger Finance provided to Beachbody (BODI)?

Tiger Finance provided a total financing package of $35 million, consisting of a $25 million immediate term loan and a $10 million uncommitted accordion.

How will Beachbody (BODI) use the $35 million financing from Tiger Finance?

Beachbody will use the financing to retire $17.3 million of outstanding debt, add $5 million to its balance sheet, and support its transition to a new business model focused on digital fitness and nutrition.

What is the term of BODI's new financing agreement with Tiger Finance?

The loan facility has a three-year term.

Who are the lending partners in Beachbody's (BODI) new financing deal?

The financing is provided through a partnership between Tiger Finance and SG Credit Partners.

How much additional capital did Beachbody (BODI) add to its balance sheet from the financing?

Beachbody added approximately $5 million of capital to its balance sheet from the financing package.
The Beachbody Company Inc

NYSE:BODI

BODI Rankings

BODI Latest News

BODI Latest SEC Filings

BODI Stock Data

31.59M
3.69M
13.69%
40.75%
3.14%
Internet Content & Information
Retail-nonstore Retailers
United States
EL SEGUNDO