Financial Advisor
ABC Financial Services, Inc.
M&A Advisory
Has Been Acquired By
Transaction Details
- On January 2, 2018 Thoma Bravo announced that it completed its acquisition of ABC Financial Services, Inc. (“ABC Financial”).
- The terms of the transaction were not disclosed.
- ABC Financial is the nation’s leading software and billing provider for the health and fitness industry.
- Stephens Inc. served as the exclusive Financial Advisor to ABC Financial.
About the company
Thoma Bravo
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than $17 billion in capital commitments, Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. Representative past and present portfolio companies include industry leaders such as Blue Coat Systems, Deltek, Digital Insight, Global Healthcare Exchange, Hyland Software, iPipeline, PowerPlan, Qlik, Riverbed, SailPoint, SolarWinds, SonicWall, Sparta Systems and TravelClick. The firm has offices in San Francisco and Chicago. For more information, visit www.thomabravo.com.
ABC Financial Services, Inc.
Launched in 1981, ABC Financial has revolutionized software and payment processing for the health and fitness industry. Headquartered in the Little Rock, Ark. area, ABC Financial serves approximately 6,700 clubs throughout the United States, Canada, Puerto Rico, and Europe. The company’s innovative club management software, DataTrak, is the most complete web-based software in the health and fitness industry. For more information, visit www.abcfinancial.com.
Sources: ABC Financial press release and publicly available information.
-
This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.