Mindbody Acquires ClassPass; Secures $500M Investment Led by Sixth Street
October 14, 2021
Mindbody has entered a definitive all‑stock agreement to acquire ClassPass, combining Mindbody’s SaaS platform for studios with ClassPass’s consumer subscription marketplace. Concurrently, Mindbody secured a $500 million strategic investment led by Sixth Street (with continued support from Vista Equity Partners) to accelerate product innovation and growth for the combined wellness platform.
- Buyers
- Mindbody, Sixth Street
- Targets
- ClassPass
- Industry
- Cloud & SaaS
- Location
- New York, United States
- Transaction Type
- Buyout
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