Who bought Mindbody?

Who bought Mindbody?

Vista Equity Partners
Vista Equity Partners, a leading global investment firm, acquired Mindbody, the leading wellness technology platform for the wellness industry, in February 2019.

Is Mindbody going public?

Mindbody, a software company that provides technology platforms for fitness and wellness studios, is being acquired by a private-equity firm and going private after three years as a public company, it announced Monday. Mindbody was recently valued by the public markets at $1.8 billion.

How much did Mindbody buy ClassPass for?

Mindbody acquires ClassPass, merger gets $500 million investment – Axios.

Who is the CEO of Mindbody?

Mindbody Co-founder/CEO Rick Stollmeyer | Mindbody.

How many customers does Mindbody have?

35 million consumers
Founded in 2001, Mindbody provides cloud-based online scheduling and other business management software to more than 58,000 small and mid-size businesses (SMB) with about 35 million consumers located throughout 130 countries.

When did Mindbody go public?

June 2015
Mindbody sold shares in an initial public offering in June 2015. The company’s stock closed at $11.56 in its first trading day, according to FactSet. The closing price of Mindbody shares on Friday of $21.72 is about half of its peak of $43.85, a level reached this past May.

Did Mindbody go private?

Mindbody Inc., which develops software platforms for fitness, yoga and spa businesses, is going private after spending about three years in the public markets. Mindbody said Monday that Vista Equity Partners has agreed to purchase all of its stock for $1.9 billion.

What is Payal worth?

Payal Kadakia’s net worth The businesswoman has a net worth of $60 million, according to Wealthy Persons. It isn’t clear what her net worth is after the merger deal. In 2020, ClassPass had a Series E funding round that reportedly raised $285 million, which gave the company a valuation of over $1 billion.

Does Mindbody own ClassPass?

ClassPass on Wednesday announced it had been bought by Mindbody in an all-stock deal. The move is, in part, a major bet that people are going to return to in-person workout classes. The merger will create a sort of one-stop shopping experience for both business and consumers to get their fitness fix.

When was Mindbody founded?

2000, San Luis Obispo, CA
MINDBODY/Founded

Is Mindbody a good company?

Good product company in Pune which offers good work, health and wellness benifits, facilities, learning and compansation.

How much did Mindbody sell for?

In February 2019, the company was acquired by Vista Equity Partners for US$1.9 billion.