Thoma Bravo, a private equity investment firm based in San Francisco, will acquire Sherwood-based ABC Financial Services, a software firm serving more than 6,700 health clubs, both firms said Wednesday.
The deal should close by the end of this year. Terms of the transaction were not disclosed.
ABC Financial has increased its global presence over the past few years, expanding into markets in North America and Europe.
The company, started in 1981, provides software and payment processing for the health and fitness industry.