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New Deal


Announced

Completed

Advent-backed TSG completed the acquisition of TrueCoach.

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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Acquisition

Majority

Completed

Software

Private

Friendly

Single Bidder

United States

software development

Private Equity

Cross Border

Synopsis

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Advent-backed TSG, a global provider of business management software, completed the acquisition of TrueCoach, a US-based software company. Financial terms were not disclosed. "Digital fitness services have enjoyed significant growth in recent years, and we are actively offering TrueCoach to our gym owners in the United Kingdom, Australia, and New Zealand. The power and flexibility of the TrueCoach platform is precisely attuned to our vision of Empowering Passionate People. We believe our clients deserve to do more of what they love while we take the stresses and strains of the processes and problems," Floris de Kort, TSG CEO.

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