Francisco Partners completes deal to acquire onl - sportstextiles: Lea SportsTextiles

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Francisco Partners completes deal to acquire online fitness platform

18/12/2020

Sports brand Under Armour has reported the completion of a deal to sell its online health and fitness platform, MyFitnessPal to capital investment company Francisco Partners.

It originally announced a definitive agreement to sell the platform to Francisco Partners for $345 million in October.

Under Armour acquired MyFitnessPal in 2015 and built it into a community of 200 million users.



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