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New Deal


Announced

Completed

Advent-backed TSG completed the acquisition of PerfectMind.

Financials

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

Tags

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Majority

Private

health and fitness software

Single Bidder

Software

Acquisition

Private Equity

Friendly

United States

Completed

Synopsis

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Advent-backed Transaction Services Group, a revenue management solutions company, completed the acquisition of PerfectMind, a health and fitness software provider. Financial terms were not disclosed. "We believe that our unique combination of software, integrated payments and value-added services allows our clients to do more of what they love. We want to take away the stresses and strains of their business processes and problems and allow them to focus on their customers," Davin Miller, Transaction Services Group CEO.

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