Under Armour had originally acquired MyFitnessPal for 475 million dollars five and a half years ago. Debt financing for the transaction was provided by MidCap Financial. This announcement follows the October 30, 2020 news where Under Armour detailed that it had entered into a definitive agreement with Francisco Partners regarding the sale of this business for a transaction value of 345 million dollars, inclusive of the achievement of potential earn-out payments. has completed the sale of the MyFitnessPal platform to Francisco Partners. Athletic performance apparel brand Under Armour, Inc.
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