MINDBODY Eyes Global Expansion with India Acquisition

California-based technology platform MINDBODY is expanding its global team with its latest acquisition. 

The company, which provides software and payments services for the boutique health, fitness and beauty industries, announced last week that it plans to acquire Simplicity First, a software company based in Pune, Maharashtra, India.

According to its web site, Simplicity First offers software consulting services, including development, QA and project management.

“As part of the acquisition, we are looking to hire the best engineering talent in India,” Sunil Rajasekar, chief technology officer at MINDBODY, said in the release. “India has amazing tech talent and we are excited to expand our R&D footprint there. MINDBODY is a global company and having R&D resources in region will help us serve our customers better.”

While the acquisition will add about 50 employees to MINDBODY’s workforce, the company plans to actively recruit more, including engineers and management personnel. It also plans to open a new office in Pune this year. 

Investment firm Vista Equity Partners completed its acquisition of MINDBODY in February. The company has spoken openly about its plans to grow with the help of resources from its new owner, including in an interview with a local newspaper in San Luis Obispo, where MINDBODY is headquartered. CEO Rick Stollmeyer told the paper that the company wants to expand its marketplace internationally. 

“Vista believes, as we do, that we have a magnificent future ahead of us,” Stollmeyer said. “This is going to be an even bigger company, and it’s going to grow globally.”

MINDBODY also has offices in the U.K. and Australia.