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Mindbody to acquire ClassPass

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  • October 15, 2021
  • Insights, Investment / Acquisition, Uncategorized

Mindbody, a technology platform for booking exercise classes, entered into an agreement to acquire Classplass, a monthly subscription service for fitness and wellness experiences. The acquisition agreement comes in conjunction with a $500M investment intended to fund company growth. ClassPass’ January 2020 valuation was estimated at $1B when the company received a $285M investment from L Catterton, Apax Digital and Temasek Holdings Pte.

Mindbody to acquire ClassPass

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