Mindbody, a leading wellness technology platform, has agreed to acquire ClassPass, a top fitness and wellness network, aligning two industry leaders.
The acquisition is aimed at fuelling growth in the wellness sector by offering a comprehensive marketplace for consumers and growth tools for businesses.
Mindbody secures a $500 million investment led by Sixth Street, alongside Vista Equity Partners, to accelerate growth and product innovation.
ClassPass will continue operating its app and website, with its CEO serving as President post-acquisition, indicating seamless integration and extended market reach.
The acquisition highlights industry recovery with increasing consumer demand for in-person wellness experiences post-COVID-19 pandemic.

Mindbody is a leading technology platform for the fitness, wellness, and beauty industries, offering software solutions that enable business owners to manage and grow their companies. Their services include online booking, marketing tools, customer management, and payment processing, among others. The platform is designed to be powerful, scalable, and flexible, catering to the diverse needs of small startups to large enterprises. Mindbody also connects consumers with health and wellness services in their area, making it easier to find and book fitness classes, spa appointments, and beauty treatments, all in one place.

Mindbody

Software for fitness, wellness, and beauty service business management.

Mindbody to Acquire ClassPass and Receives $500M Investment

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