$1.9 billion

KCBX News

On this week's Issues and Ideas, California Secretary of State Alex Padilla stops by to discuss big changes coming to California elections in 2020. Also, the CEO of San Luis Obispo health and wellness tech company MindBody breaks his silence following a multibillion-dollar acquisition. We talk with Rick Stollmeyer about future plans for MindBody, if the company will stay in San Luis Obispo and what the acquisition means for the Central Coast tech industry. And we get to know more about eating disorders on college campuses through the eyes of a survivor, a dietary expert and a reporter who has been covering one student's journey.

MindBody

The billion dollar deal that puts San Luis Obispo's MindBody in the hands of a San Francisco  investment company is finalized. The health and wellness tech company filed its final documents with the U.S. Securities and Exchange Commision on February 15, and is now under the ownership of Vista Equity Partners.

MindBody CEO Rick Stollmeyer—who founded the company 19 years ago—has been tight-lipped on the deal until it went though. But Friday morning, Stollmeyer stopped into the KCBX studios to talk about the merger.