IPO

MindBody, Inc., a developer of studio management software for saunas, spas, and yoga, pilates, martial arts, and personal training studios, has filed for a $100 million IPO. The San Luis Obispo, Calif.-based company has previously raised $100 million in venture financing from investors like Bessemer Venture Partners and Institutional Venture Partners. Morgan Stanley, Credit Suisse, and UBS will all serve as underwriters when the company does hit the public markets. The financing is expected to value the company at around $700 million.

Vizio, best known as a maker of inexpensive HD LED TVs, is interviewing banks as it explores the possibility of an IPO, according to a report by Bloomberg. Founded in 2002, the company also sells computers, cell phones, and tablets.

M&A

Verizon has purchased AOL for $4.4 billion. The $50 per share price represents a 23 percent premium over the weighted average of AOL’s stock price over the last three months. The move was motivated by Verizon’s interest in AOL’s ad tech platform, which it built up through moves like the $405 million acquisition of Adapt.tv in 2013. It also comes amidst a recent announcement by Verizon that it would be launching its own mobile video service in the summer. AOL CEO Tim Armstrong, who took over in 2009 right before it was spun off from Time Warner Inc, will stay on as a Verizon executive. AOL’s stock price has more than doubled under Armstrong’s tenure.

STATS LLC, a Chicago-based sports data collection service and portfolio company of Vista Equity Partners, has acquired TVT Video Technologies for an undisclosed amount. TVT is a Hillsboro, Ore.-based provider of video technology that is used by teams in the MLB (baseball) and NHL (hockey) to review and analyze game film. It is the fifth acquisition by STATS in the last nine months. Vista Equity Partners purchased STATS last May.

Hello Alfred, an on-demand delivery service that started in New York and Boston two years ago, has acquired the assets of its less successful competitor Wunwun. Hello Alfred charges customers $99/month and coordinates with contracted workers to perform scheduled errands. In contrast, Wunwun, a la Postmates, promised to deliver anything for customers through its contracted workforce. Terms of the deal were not disclosed.