Vista Equity Partners Completes Acquisition of MINDBODY, Inc.
MINDBODY INC CL A (MB)
Last mindbody inc cl a earnings: 11/6 04:05 pm
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Source: GlobeNewswire
SAN LUIS OBISPO, Calif., Feb. 15, 2019 (GLOBE NEWSWIRE) -- MINDBODY, Inc., the leading technology platform for the fitness, beauty and wellness services industries, today announced that it has been acquired by Vista Equity Partners (“Vista”), a leading investment firm focused on software, data and technology-enabled businesses. The approximately $1.9 billion transaction, originally announced on December 24, 2018, was approved by MINDBODY’s stockholders on February 14, 2019 and completed on February 15, 2019. “Seventeen years ago, we set out on a journey to leverage technology to improve the health and wellness of the world. Today, that technology is helping people lead healthier, happier lives by connecting the world to fitness, beauty and wellness,” said Rick Stollmeyer, Co-Founder and CEO of MINDBODY. “Our partnership with Vista marks a significant milestone on our journey and will allow us to accelerate our growth and serve our customers, consumers and partners better than ever
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