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Catalyst: Not Done with Mindbody Post-IPO
Mindbody, a software maker serving the fitness and beauty industries, raised $100M in its June IPO, providing a perfect exit for Catalyst Investors, the New York-based PE firm that purchased a 15.5 percent stake in 2008. But Catalyst co-founder and managing director Brian Rich says it’s a new beginning for the company and its relationship with the firm—not the end.