Latest News

Back to Latest News back

 

Tough Mudder looks to secure capital investment for linked fitness club brand

Tough Mudder looks to secure capital investment for linked fitness club brand
January 23, 2019

Will Dean, founder and Chief Executive of Tough Mudder obstacle and endurance races has announced that the company is in the process of securing capital investment, setting the stage for continued growth in 2019.

As part of this, the company will spin off its new fitness business, Tough Mudder Bootcamp, into a separate business enterprise from its traditional live event business in order to allow both businesses to more successfully navigate their respective categories.

Dean will continue to head the Bootcamp business while also supporting the live event side, with both businesses to remain in private ownership.

Dean, who launched Tough Mudder in 2010, explained "this is absolutely the right strategic move for both businesses.

"Tough Mudder Bootcamp, with its fast-paced growth and high potential, will see the benefits of this capital infusion as we add franchising-specific talent to support the rapid growth, as well as creative license to capture its full potential. The live event business needs more diligent focus on cost and the kind of scaling benefits that come from being part of an event bundle."

Dean also emphasised that all elements originally included as part of the Tough Mudder Bootcamp franchise business remain in place for owners, including the perpetual rights to all Tough Mudder branding; the ability to market directly to Tough Mudder event customers; the right to activate for free at all Tough Mudder events, and the right to sell Tough Mudder live event tickets, among other elements.

He added “ultimately, this move will allow us the platform we've built in Tough Mudder Bootcamp to continue to build on the fantastic momentum already being generated, while we reinforce the strength of the live events and maintain their success with an infusion of new ideas.”

The Tough Mudder Bootcamp fitness business saw 60 franchises sold across the USA last year, with Dean also reporting demand from international franchises.

The Tough Mudder event business saw significant participation growth in 2018, driven in large part by the success of its new, shorter distance Tough Mudder 5K events. The brand has also continued to invest in new and more challenging obstacles as part of its courses.

The Tough Mudder Bootcamp concept delivers a 45-minute, high intensity interval training (HIIT) workout with programs changed daily done in tandem with other participants as partners and groups.

Images: Members at one of the first Tough Mudder Bootcamp franchises (top) and Will Dean (below).

Related Articles

22nd January 2019 - KOMPAN Obstacle Courses contributing to healthier and fitter communities

14th May 2018 - Tough Mudder to expand in Middle East with Oman events

16th September 2017 - Tough Mudder Chief Executive releases account of building his obstacle race movement

31st July 2016 - Tough Mudder creator slams Australian red tape

20th July 2016 - Tough Mudder to launch in Dubai in December

17th June 2016 - Tough Mudder looks to Asian and Middle East expansion with IMG partnership

27th January 2016 - Five key reasons to attend the Business of Sport Summit 2016

7th November 2015 - Tough Mudder and Merrell announce a multi-year international partnership

7th October 2015 - Tough Mudder announces new partners in advance of 2015 season


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

PULSETEC SOLUTIONS

PulseTec Solutions is a leading provider of software systems and solutions to the health and fitness industry for more than a decade. Our key products and services include ClientConnect studio and…

read more

Access / Fitness / Marketing / Technology / Venues

 
 

Goplay Commercial Playground Equipment

Goplay designs and manufactures specialised playground equipment for indoor play centres, hotels, food chains, clubs and resorts. If our years of experience and dedication have taught us one thing,…

read more

Play

 
 

Digonex

Digonex is a leading provider of customised dynamic pricing solutions to clients in arts and entertainment, sport, attractions, cultural institutions and retail sectors. Digonex’s technology is…

read more

Attractions / Entertainment / Sport / Technology / Ticketing

 
 

TJS Services

TJS Services is a leading national facility services provider. We deliver quality cleaning, maintenance, construction and facility management services to over 1,500 sites Australia wide.  Our…

read more

Hospitality / Retail / Venues

 
 

BODY BIKE AUSTRALIA

BODY BIKE® International is a leading manufacturer of indoor bikes with a 20-year track record of creating the best indoor bikes. Stay connected with Body Bike Australia…

read more

Fitness / Recreation / Sport / Technology / Wellness

 
 

Clubware

Clubware’s online gym software is not your run of the mill management system. It has been carefully designed to incorporate all the elements that a fitness club would need. How did we do that?…

read more

Access / Billing / Fitness / Recreation

 
 

ELITE POOL COVERS

Since 1989 Elite Pool Covers have designed and manufactured an extensive range of high quality affordable manual,semi-automatic and fully-automatic pool cover systems for the harsh Australian…

read more

Aquatics / Environment / Technology / Venues

 
 

Crystal Pools

Crystal Pools has a solid history of performance on a wide variety of government and commercial projects and is the name behind many of Australia’s most innovative and ambitious aquatic…

read more

Aquatics / Design

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business