Announced
Completed
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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