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AKT Partners with Goldman Sachs Exec to Fuel Bi-Coastal Growth

Published: 2019-02-26 14:03:00 ET
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Celebrity-Backed Boutique Fitness Concept Dances on with Strategic Development Plans to Open Four New Studios Across New York, Los Angeles

NEW YORK, Feb. 26, 2019 /PRNewswire/ -- AKT - a dance-based cardio concept, offering a unique combination of four modalities: toning, interval, circuit and dance - announced today that it has signed an agreement with Harvard alum, Goldman Sachs executive and former executive of global brands like American Express to develop the brand's national footprint across New York state and Los Angeles. The agreement calls for four new studios in the next two years targeting West Los Angeles, Lower Manhattan and Westchester.

Harvard University alumni, Colin Kennedy began his career at Trilogy Software, quickly rising through the ranks and going on to co-found Conduit which was later acquired by software company, Model N. At Model N and later at The Cobalt Group, which would be acquired by ADP, Kennedy led business development across several sectors. He went on to hold senior leadership roles at both American Express and Clarity Money, which later was acquired by global finance giant, Goldman Sachs - where Kennedy holds office as Managing Director/COO (Digital Finance). Looking for an outlet to pursue his life passion of entrepreneurship, Kennedy knew that the AKT franchise opportunity would be the perfect opportunity to do so.

"As the two hubs for American economics and fitness itself, New York and Los Angeles are the optimal markets for expansion," said Kennedy. "I am excited to work alongside Anna Kaiser and the AKT team to continue growing our unique dance and interval-based fitness technique in New York and Los Angeles to reinvigorate the local fitness scene."

Founded in New York City by international fitness expert and celebrity trainer, Anna Kaiser, AKT's groundbreaking fitness technique strengthens the body and mind through a comprehensive program. Offering a customized mixture of its four core modalities - toning, interval, circuit, and dance - the AKT concept is tailored to all fitness levels and the perfect combination between interval training and dance-based cardio.

Touted amongst some of the nation's "fittest" influencers like Kelly Ripa and Shakira, AKT gives members the chance to dance, sweat and get stronger while surrounded by a strong sense of community, motivation and electric energy. Each studio boasts a vibrant atmosphere, complete with mood lighting, a disco ball and premium amenities.

In addition to New York and Los Angeles, AKT has recently announced several other franchise agreements in markets including Charlottesville, Virginia, Morristown, NJ, Cherry Creek, Colorado and Royal Oak, Michigan. Headquartered in Irvine, CA, AKT is backed by Xponential Fitness, a curator of the nation's leading boutique fitness brands. Total investment range to open an AKT franchise is $346,100 - $487,000.

For more information about AKT and to find a studio near you, visit www.theakt.com.

About AKT

AKT is a dance-based cardio concept, offering a unique combination of four modalities: toning, interval, circuit and dance. With new original programming created every 3 weeks by celebrity trainer Anna Kaiser and the belief that movement has a powerful, lasting impact, AKT is for all body types and fitness levels. Headquartered in Irvine, California, AKT is backed by Xponential Fitness, the largest curator of the nation's leading boutique fitness brands. To learn more about AKT, visit www.theakt.com.

Media Contact: Marissa Pasillas, Fishman Public Relations, 847-945-1300 or mpasillas@fishmanpr.com

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SOURCE AKT