Fitness
Thoma Bravo Eyes $3 Billion Sale Of ABC Fitness Solutions
What’s going on here?
Thoma Bravo is considering selling ABC Fitness Solutions for around $3 billion, potentially kicking off the sale process in early 2025.
What does this mean?
Thoma Bravo might offload ABC Fitness Solutions at a valuation of about 25 times its projected EBITDA for next year, roughly $120 million. Since acquiring the company in 2018, Thoma Bravo has positioned ABC Fitness as a pivotal player in the fitness industry, providing software and payment processing for around 30,000 gyms, studios, and fitness clubs across 100 countries. As the sale process edges closer, it could significantly shift the landscape in the fitness and wellness sector.
Why should I care?
For markets: New fitness frontier.
A potential $3 billion sale of ABC Fitness Solutions could shake up the market. Investors will be keeping a close eye on this deal, especially considering that recent transactions, like Genstar Capital’s acquisition of a stake in AffiniPay, hint at a strong interest in the payment processing sector. The fitness industry is seeing robust growth, and the sale of such a significant player could spark further investment and consolidation.
For you: Gym-tastic opportunities.
For gym owners and personal trainers, the sale of ABC Fitness Solutions might bring new opportunities and challenges. If new owners invest in improving the software and services, it could mean better tools for managing operations and empowering fitness businesses. Staying informed about this potential sale can help fitness entrepreneurs prepare for any changes in the services they rely on for day-to-day management and payment processing.