The final agreement for the transaction includes a 30-day Go-Shop period that will allow Mindbody`s Board of Directors and financial advisors to initiate, solicit, promote and possibly initiate active negotiations with other parties, who will make alternative acquisition proposals. Mindbody has the right to terminate the merger agreement in order to conclude a comprehensive proposal under the terms of the merger agreement. It cannot be certain that this 30-day Go-Shop will result in a comprehensive proposal and Mindbody does not intend to disclose developments in the tendering process unless the Board of Directors makes a decision requiring further disclosure. Under the agreement, Vista acquired all of Mindbody`s outstanding common shares for a total value of approximately $1.9 billion. Mindbody shareholders will receive $36.50 in cash per share, an increase of 68% on the unassigned closing price effective December 21, 2018. Investor Relations: Nicole Gunderson IR@mindbodyonline.com 888-782-7155 MINDBODY shareholders can obtain a free copy of the proxy statement and other entries containing information about MINDBODY and the transaction on the SEC`s website (www.sec.gov). Copies of the proxy statement, if available; and SEC registrations that are submitted by reference can also be obtained free of charge by clicking on MINDBODYes` Financials and Filings link at (888) 782-7155, by email at IR@mindbodyonline.com or on THE CORPORATE INVESTOR relations page of MIND on investors.mindbodyonline.com and on the “Financials – Filings” link to access mindBODYs “SEC Filings”. For Vista: Alan Fleischmann firstname.lastname@example.org 2018 has acquired Vista Apptio, a cloud-based business management software and entered into an agreement to acquire Mindbody.  This year, Vista invested in several other companies, including Wrike, a project management software provider.  In 2019, Vista acquired the majority of Acquia and closed its first IPO by bringing Ping Identity public.  In 2019, Vista also purchased Sonatype, a cybersecurity, open source automation company and Accelya, a technology provider for the aviation industry.  In 2020, Vista acquired Tripleseat, a web-based sales and event management company and acquired a 2.32% interest in Jio Platforms.  About Vista Equity Partners Vista Equity Partners is a U.S.-based investment firm with subsidiaries in Austin, Chicago, New York City, Oakland and San Francisco with accumulated commitments of more than $44 billion.
Vista invests exclusively in software, data and technology organizations, led by leading management teams. As a value-added investor with a long-term perspective, Vista brings professional know-how and multi-level support to companies to realize their full potential. Vista`s investment approach is anchored in a large long-term capital base, experience in structuring technology-driven transactions and proven management techniques that offer flexibility and opportunity. For more information, see www.vistaequitypartners.com. About MINDBODY MINDBODY, Inc. (NASDAQ: MB) is the leading technology platform for fitness, beauty and wellness services. Local entrepreneurs around the world are using MINDBODY`s integrated software and payment platform to operate, market and expand their businesses. Consumers use MINDBODY to facilitate the research, engagement and trade of fitness, wellness and beauty providers in their local communities.