Behind the deal: How a Scottsdale connection proved key for Mindbody’s acquisition of ClassPass
Earlier this month Mindbody acquired ClassPass in a rollup of two of the wellness industry’s biggest tech players. In tandem with the acquisition, San Luis Obispo, California-based Mindbody also received a $500 million investment led by Sixth Street Partners.
Yet missing from most of the acquisition coverage is the fact that a connection made in Scottsdale helped bring the deal together.
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