Announced
Completed
Financials
Tags
Private Equity
Single Bidder
United States
Acquisition
Friendly
Online and Social Platforms
Majority
SaaS platform
Software
gym management software
Private
Completed
Cross Border
Synopsis
Advent-backed TSG, a provider of business management software, completed the acquisition of Zingfit, a US-based software company powering boutique fitness brands, and Triib, a US-based software company powering fitness professionals and gyms. Financial terms were not disclosed. “Both acquisitions present an attractive growth opportunity for TSG as we continue to build upon our presence within the boutique fitness space. Zingfit's large and exciting customer base and well-established technology makes it a superb addition. Coupling this with Triib’s focus on independent, personal training and community-focused gyms furthers our ability to operate holistically across the boutique fitness sector and create scale in the ecosystem,” Douglas Hallstrom, Advent International Assistant Director.
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