Episode 728 | Bootstrapping Gymdesk to a More Than $32.5M Exit

331.479 - 358.213 Eran Galperin

Yeah, so our investor is a private equity firm, and they did a majority acquisition of the company. They bought the majority stake of the company. I'm left with a minority stake in it, and some of the funds are going to be used to grow the company. The majority of it is for them to acquire the controlling stake of the company, and this is what the amount that is on the public statement is for.