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Who is the owner of True Protein?

3 min read

In May 2021, the Australian-based supplement company True Protein was acquired by the global fitness franchise F45 Training. This acquisition transferred ownership from its original founder and family members to F45, integrating the protein brand into the larger fitness ecosystem.

Quick Summary

Founded by Ben Kierath in 2014, Australian supplement company True Protein was acquired by fitness giant F45 Training in May 2021, changing its ownership structure and brand affiliations.

Key Points

  • Founder: True Protein was founded in 2014 by Australian entrepreneur Ben Kierath, with a focus on all-natural supplements.

  • Initial Ownership: Originally, the company was a family-run, privately owned Australian business, with shareholders primarily consisting of the Kierath and Benney families.

  • Acquisition: In May 2021, True Protein was acquired by the global fitness franchise F45 Training.

  • Current Owner: The current owner of True Protein is now F45 Training, making it a subsidiary of the larger fitness corporation.

  • Strategic Shift: The acquisition enabled True Protein to leverage F45's global distribution network and customer base for expansion.

In This Article

Who Founded True Protein?

True Protein was founded in 2014 by Australian entrepreneur Ben Kierath. The company was created with the vision of offering high-quality, all-natural nutritional supplements to a market he felt was saturated with artificial products. Kierath, alongside his family members, worked to build the company from a humble idea into a reputable name in the sports nutrition industry, focusing on transparent and clean ingredients. For several years, it was considered a proudly Australian-owned and operated family business.

The Mission of the Early True Protein

The founding team focused on several core values that distinguished the brand in its early years:

  • Natural Ingredients: Committing to using globally sourced, high-quality natural ingredients without artificial fillers or flavors.
  • Transparency: Providing clear and concise information about their products to build customer trust.
  • Onsite Blending: Manufacturing products in their Sydney facility to maintain full control over the process and ensure quality standards were met.
  • Community Building: Fostering a community among athletes, fitness professionals, and customers who shared the brand's commitment to health and performance.

The Acquisition by F45 Training

In a significant development for the company, F45 Training announced its acquisition of True Protein on May 11, 2021. This move was a strategic play by the global fitness franchisor to expand its offerings beyond gym memberships and apparel, solidifying its position in the broader health and wellness market.

The acquisition fundamentally changed the ownership of True Protein. While the company's initial shareholders included multiple members of the Kierath and Benney families, the deal meant that control transferred to F45 Training. This marked a major shift from the brand's roots as a family-run enterprise to a subsidiary of a publicly-traded, international fitness giant.

Rationale Behind the Acquisition

The reasoning behind F45's purchase of True Protein was strategic for both entities:

  • For F45: Acquiring True Protein allowed F45 to enter the fast-growing supplement market with an established, respected brand, providing a new revenue stream and an opportunity for cross-promotion to its global network of gym members.
  • For True Protein: The acquisition provided True Protein with access to F45's extensive international distribution channels and a vast, pre-existing customer base, enabling significant scaling and growth.

Comparison: Ownership Structure Before and After Acquisition

To better understand the change, here is a comparison of True Protein's ownership structure before and after the F45 acquisition.

Aspect Before F45 Acquisition (Pre-May 2021) After F45 Acquisition (Post-May 2021)
Primary Owner Family-owned business, with multiple family shareholders. F45 Training, a global fitness franchisor.
Key Decision Makers Founders and key family members, including Ben Kierath. F45 Training's corporate leadership.
Company Status Privately owned and operated. Subsidiary of a larger, publicly-traded company.
Core Focus Primarily a supplement company with a strong focus on product quality and natural ingredients. A supplement brand integrated into a broader fitness and wellness ecosystem.
Distribution Primarily direct-to-customer and through select retail partners. Leveraging F45's expansive global network and franchises.

The Evolution of True Protein Under F45

Since the acquisition, True Protein has continued to operate, but now with the backing and strategic direction of F45. While the brand maintains its core commitment to natural, high-quality ingredients, its reach and marketing efforts have expanded to align with F45's global presence. For example, True Protein can now be promoted directly to F45's extensive member base, driving a new wave of growth. This integration is a prime example of how fitness and supplement companies can converge to create a more comprehensive consumer offering.

Conclusion: The Modern Identity of True Protein

To answer the question, "Who is the owner of True Protein?", it is essential to look at the brand's history. While initially founded and owned by Ben Kierath and his family, the company's ownership officially transferred to F45 Training following its acquisition in May 2021. This move transformed True Protein from an independent Australian family business into a subsidiary of a global fitness powerhouse. The change in ownership marks a new chapter for the brand, blending its foundational values with the immense reach and resources of its new parent company.

True Protein Website

Frequently Asked Questions

True Protein was officially acquired by F45 Training on May 11, 2021.

F45 Training is a global fitness franchise that specializes in high-intensity, 45-minute group workouts.

F45 acquired True Protein to expand its business into the sports nutrition supplement market and to offer its global network of gym members a branded supplement line.

Yes, True Protein continues to operate under its original brand name, but as a subsidiary of F45 Training.

While originally an Australian-owned and operated company, True Protein is now owned by the international fitness brand F45 Training, although it still maintains operations in Australia.

The company continues to emphasize its commitment to using high-quality, all-natural ingredients, and its manufacturing process in Sydney is still a core part of its operations.

The founder of True Protein was Australian entrepreneur Ben Kierath, who started the company in 2014.

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Medical Disclaimer

This content is for informational purposes only and should not replace professional medical advice.