.
MergerLinks Header Logo

New Deal


Announced

Completed

Advent International completed the acquisition of Mariana Tek.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Majority

application software

Software

United States

Private

Acquisition

Friendly

Private Equity

Completed

Synopsis

Edit

Advent International completed the acquisition of Mariana Tek, a US-based software company serving premium brands in boutique fitness. This investment is supported by Transaction Services Group, Advent’s portfolio company. Financial terms were not disclosed. “Advent is thrilled to have invested in Mariana Tek in partnership with TSG. We look forward to working alongside the company’s management team to strengthen its position as a forceful disruptor for enterprise, franchise and multi-location boutique fitness brands. We will continue to invest heavily in Mariana Tek to accelerate product development, geographic expansion and payments innovation, leveraging Advent’s deep experience and TSG’s global go-to-market infrastructure.” Jeff Paduch, Advent Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US