"You Don't Pay $1.9 Billion for a Company to Tear it Apart," says Mindbody CEO
The billion dollar deal that puts San Luis Obispo's Mindbody in the hands of a San Francisco investment company is finalized. The health and wellness tech company filed its final documents with the U.S. Securities and Exchange Commision on February 15, and is now under the ownership of Vista Equity Partners.
Mindbody CEO Rick Stollmeyer—who founded the company 19 years ago—has been tight-lipped on the deal until it went through. But Friday morning, Stollmeyer stopped into the KCBX studios to talk about the merger.Read more