industry analysis

The state of pilates studio software in 2026

By Sharon Onyinye19 min read

Short answer

The pilates studio software market in 2026 is consolidated, expensive, and quietly shifting. Mindbody is Vista-owned. Xplor Mariana Tek and (soon) Momence sit inside the merging Xplor / Clubessential entity backed by Advent, Battery Ventures, and Silver Lake. Glofox is owned by Thoma Bravo's ABC Fitness Solutions. Walla is venture-backed but premium-priced. Average pricing has risen meaningfully on the dominant platforms over the last two years, marketplace commission has expanded as a second revenue stream, and annual contracts have lengthened. The structural alternative — operator-owned tools that don't have a marketplace and bill monthly — is small but growing, and Junocal is one of them. For a one-to-five-instructor studio, the right tool in 2026 is the one whose business model is aligned with yours.

If you run a pilates or yoga studio with one to five instructors and you're paying attention to your software stack in 2026, you've probably noticed three things in the last two years. Your renewal letter got more expensive. Your support response times got slower. And the platform you're on was acquired by a company you'd never heard of before they bought it. This post is the honest snapshot of where the pilates studio software market is in 2026: who owns what, where the prices have moved, what the marketplace economics now look like, and what to watch for over the next eighteen months.

The short version is in the Short answer callout at the top of this page. The long version, with the named acquisitions and the worked numbers, is below.

The 2019 to 2025 acquisition wave

The pilates studio software category looked different five years ago. Mindbody was a public company with operator-driven product priorities. Mariana Tek was an independent reformer-pilates platform. Momence was a venture-funded startup with the strongest on-demand video product in the category. Glofox was an independent platform out of Dublin. Walla was a polish-focused premium tool with early-stage venture capital.

None of those things is true anymore.

Mindbody. Vista Equity Partners took Mindbody private in 2019 at a $1.9 billion valuation, returning the company from its 2015 IPO to private ownership. Shareholders received $36.50 in cash per share, a 68 percent premium to the unaffected closing price. Vista is one of the larger PE firms in the SaaS roll-up business, and the operational changes at Mindbody since 2019 have followed the well-documented Vista playbook: 12-to-24-month contracts, expansion of premium tiers, tighter marketplace monetisation, integration of payment processing into the core platform, slower release cadence on operator-experience features. Each of those changes makes economic sense for Vista's return profile; each of them is also the specific complaint pattern that has grown louder in the Mindbody operator community since 2020.

Mariana Tek. Advent International acquired Mariana Tek in November 2019, with the deal supported by Transaction Services Group (Advent's portfolio company). The acquisition price was not publicly disclosed. The product now operates as Xplor Mariana Tek inside Advent's Xplor Technologies portfolio, alongside other fitness-and-wellness software. Mariana Tek retained the reformer-pilates focus that distinguished it; the operational changes have been smaller and slower than at Mindbody, partly because Mariana Tek was already a relatively expensive premium platform.

Momence. Clubessential Holdings acquired Momence on January 29, 2025, adding Momence's strong on-demand video product to a portfolio that already included ClubReady, Exerp, and myFitApp. Clubessential is backed by Battery Ventures and Silver Lake. Eight months later, on September 16, 2025, Clubessential and Xplor Technologies announced a merger expected to close by year end, with Clubessential's CEO leading the combined entity. The combined business will serve over 130,000 customers across more than $47 billion in annual payments volume, putting Mariana Tek and Momence inside the same corporate parent after a different path each. The post-acquisition pricing trajectory has tracked the pattern: the published price of the premium tier moved up, contract terms on the marketplace-and-app tier lengthened.

Glofox. ABC Fitness Solutions — a Thoma Bravo portfolio company — acquired Dublin-based Glofox in August 2022 under a definitive agreement signed in July 2022. Glofox became a dedicated business unit servicing the boutique gym and studio sector within ABC Fitness, which collectively now supports over 31 million members across more than 24,000 fitness locations in 116 countries. The Glofox UK studio base, which is meaningful in the boutique pilates and yoga segment in the UK and Ireland, has been navigating the integration into the larger ABC Fitness platform stack since.

Walla. Walla is venture-backed rather than PE-backed. In July 2022, Walla raised a $13M round led by Industry Ventures, with participation from TenOneTen Ventures, Keshif Ventures, Social Leverage, and Crescent Ridge Partners. More recently, Walla closed a $5M strategic round led by Social Leverage and Ankona Capital. The product has retained its premium-polish positioning and its higher price point, and the contract terms have moved in the direction premium platforms generally move, but the ownership structure is meaningfully different from the four platforms above.

The non-PE exceptions in 2026 are smaller and newer. OfferingTree remains independent and founder-owned. Arketa is venture-backed but has not been acquired. Junocal — the company writing this post — is independent and founder-owned. These three are the operator-friendly side of the market in 2026, and they are collectively a small share of the total. The PE-backed platforms still hold the majority of installed studios in the UK and US markets.

The SaaS price-hike pattern

Industry tracking of B2B SaaS pricing in 2024 and 2025 — Vendr's quarterly trends reports, SaaStr's analysis of what some commentators have called the great SaaS price surge of 2025, the broader procurement-side commentary on AI-driven tier expansions — has flagged a clear pattern of meaningful renewal-time price increases across categories. The dynamics vary by category and quarter (Vendr's 2024 data also flagged declining average contract values as buyers pushed back), but the directional signal on premium-tier and AI-tier pricing has been upward across most of the SaaS landscape. Some of that is one-time catch-up after the 2020-2022 zero-interest-rate era kept software prices artificially low. Some of it is structural: PE-backed software platforms need to grow ARPU faster than organic customer growth to justify their acquisition multiples, and the easiest lever is renewal-time price increases on existing customers.

Studio software has moved with the trend, with variation by tier. The entry tiers — Mindbody Starter, Momence Pro and Plus, Mariana Tek Starter — have moved less aggressively, partly to protect the inbound funnel. The premium tiers, where most studios actually land within twelve months of signing up, have moved more. The published pricing on Mindbody Ultimate Plus has moved up meaningfully since 2023. The published pricing on Mariana Tek Pro has tracked similarly. Momence Premium has had multiple pricing-letter rounds since the Clubessential acquisition.

The compounding effect is the part studios feel. A studio that signed Mindbody Accelerate at one hundred and seventy pounds a month in 2022 is on a tier that publishes around two hundred and five pounds a month in 2026; their actual renewal price is probably somewhere between, depending on negotiating leverage and contract-renewal timing. Across a three-year horizon, the cumulative price increase on a single tier is often thirty to forty percent.

This is the structural argument for transparent pricing, which is one of Junocal's homepage commitments. Transparent pricing means the price you see on the marketing page is the price you actually pay, with no negotiated discount that disappears at renewal. The structural difficulty of the transparent-pricing commitment is that it forecloses the renewal-time price-hike lever that PE-backed platforms depend on. The PE-backed platforms are not going to adopt transparent pricing because doing so would eliminate the renewal-time revenue growth their acquisition multiples assume.

Marketplace commission as the second revenue stream

The PE acquisition multiples in studio software depend on multiple revenue streams per customer. The subscription is the first revenue stream; the marketplace commission is the second; the payment processing markup is the third; the data-export or migration fee on cancellation is the fourth.

The marketplace commission is the biggest of the non-subscription streams for the platforms that have a marketplace. Mindbody charges a twenty-percent commission on bookings made through the Mindbody consumer app by clients who discovered the studio through the marketplace, capped at thirty dollars per transaction, on top of standard payment processing fees. Momence does not publish a single percentage for its marketplace commission; operator reports place it in a similar range to the rest of the category, with variation by tier and attribution status. ClassPass — which is not a studio-management platform but is a marketplace that integrates with most of them — has historically been opaque about its take rate; the company has stated its rate is "under 15 percent" on average, while reported individual examples from studios have placed effective rates in the 20-30 percent range on specific bookings, with variation by class price and studio agreement.

Two things make the marketplace commission economically interesting for the platform and economically painful for the studio. The first is the attribution window: once a client is attributed to the marketplace, every subsequent booking by that client inside a thirty-to-ninety-day window counts as commissionable. For a client who books a class three times a week, the attribution-window commission accumulates fast. The second is that the marketplace's discovery contribution is often smaller than the attribution credits. A client who first heard about your studio on Instagram, then later found you in the marketplace and booked there because the app was the path of least resistance, is attributed to the marketplace even though the marketplace did not generate the discovery. The platform collects commission on a discovery the studio paid for separately on Instagram.

For UK studios, the marketplace effect is more pronounced than in the US because UK marketplace penetration is lower. The Mindbody and Momence apps drive less new-client discovery in the UK than in the US, but the commission on attributed bookings applies regardless of whether the discovery was real or attributed. Most UK studios who measure their marketplace-attributed new-client discovery find the real share is well under half of what the platform's commission is collecting on.

The structural alternative is the operator-owned tools that don't have a marketplace at all. Junocal, OfferingTree, and Arketa do not have marketplaces, so there is no attribution to apply and no commission to collect. The trade-off is that none of these tools provides the discovery channel a marketplace provides; the customer-acquisition lift comes from your own booking page, your own SEO, and your own Instagram. For studios where the marketplace's real discovery contribution is small, this trade-off is in the operator's favour. For studios where the marketplace genuinely drives new clients, the trade-off is more nuanced.

The structural divide: PE-owned versus operator-owned

The pilates studio software market in 2026 has two structural halves.

The PE-owned half is optimised for predictable multi-year revenue, second revenue streams beyond subscription, expansion of premium tiers over time, and the operational efficiencies that follow from running a roll-up. The product is generally feature-rich, multi-location capable, and ecosystem-deep. The contract terms run twelve to twenty-four months. The pricing rises at renewal. The customer-experience trade-off is real: the larger the platform gets, the longer the support response times become, the more the release cadence is dominated by enterprise customers rather than one-to-five-instructor studios.

The operator-owned half is optimised for the small-studio wedge. The contract terms are month-to-month. The pricing is transparent and stable. The marketplace doesn't exist. The payment processing routes directly through the studio's own Stripe account. The customer-experience trade-off is in the other direction: the platforms are smaller, the feature surfaces are narrower (particularly on multi-location and enterprise reporting), and the ecosystem is thinner. The release cadence is dominated by the small-studio segment because that's the only segment the platform serves.

The decision turns on what your studio actually needs. For single studios with one to five instructors and a few thousand active clients, the operator-owned tools (Junocal among them) are typically a better fit on both economics and operator experience. For studios running three locations under one brand with full franchise requirements (single membership across sites, central instructor scheduling, franchise-level reporting), Junocal supports independent multi-location today and the chain-architecture features are on the roadmap; get in touch at hello@junocal.com to discuss roadmap timing and current fit relative to your operation.

The structural argument for the operator-owned tools in 2026 is that the small-studio wedge is large enough to support multiple independent platforms, and that the trade-offs of the PE-backed half (contract length, renewal pricing, marketplace commission) are operationally meaningful to small studios in a way they're not to multi-location enterprises.

What this means for one-to-five-instructor studios

Three things, practically.

Re-evaluate your software stack at renewal. The renewal letter is the moment the structural argument becomes operational. If your renewal letter adds fifteen percent to your subscription, look at what you're paying all-in (subscription plus marketplace commission plus processing markup) and compare it to the operator-owned alternatives. The fourteen-day free trial that every operator-owned tool offers makes this evaluation cheap.

Measure your real marketplace-attributed new-client discovery. Look at your last twelve months of new clients and trace where each first heard about your studio. Compare that to where each first booked. The gap between those two is the gap between the marketplace's real contribution and the commission the marketplace is collecting on.

Take seriously the contract-length question. Annual contracts on PE-backed platforms are not a bug; they are the asset the PE firm bought. Month-to-month on operator-owned tools is not a marketing pitch; it is the structural commitment that aligns the platform's incentives with yours, because the platform has to keep earning your business every month rather than locking it in for a year. The contract-length question is more important than the feature-comparison question for most one-to-five-instructor studios in 2026.

What to look for when choosing in 2026

If you're evaluating studio software in 2026, the five-point checklist that separates the operator-friendly tools from the PE-backed tools is:

  1. Contract length. Month-to-month with one-click cancel, or twelve to twenty-four month minimum. The structural commitment matters more than any feature on the homepage.

  2. Marketplace and attribution. Does the platform have a marketplace? If yes, what's the commission rate and the attribution window? If no, where does new-client discovery come from instead?

  3. Payment processing. Direct Stripe Connect Standard to your own Stripe account, or routed through the platform's processing relationship. The difference is real money on Direct Debit memberships and on dispute handling.

  4. Data export. Free CSV export of your full client list, transaction history, and booking record. Or a fee on cancellation. The presence of a fee is a signal about the platform's exit terms more than it is about the cost itself.

  5. Pricing transparency. Published prices on the marketing page that match the renewal-letter prices, or negotiated discounts that disappear at renewal. Transparent pricing forecloses the renewal-time price-hike lever and is structurally easier for operator-owned platforms than for PE-backed ones.

For most one-to-five-instructor pilates and yoga studios, the platform that scores well on all five of those points is the right call. For two-to-five-location independent operations, the same operator-aligned platforms cover multi-location storefront, location-aware memberships, and cross-location reporting at flat per-account pricing. For franchise chains scaling beyond five locations with central-HQ enterprise reporting and per-location P&L structures, the PE-backed per-location platforms are built for that shape.

The honest road ahead

The next eighteen months in the pilates studio software market are likely to follow the patterns the last twenty-four months set. The PE-backed platforms will continue to consolidate the larger end of the market through more acquisitions. Renewal pricing on the dominant platforms will continue to rise. The marketplace commission attribution windows will continue to expand quietly. The contract terms will continue to lengthen on the premium tiers.

The operator-owned half of the market will continue to grow on the wedge: small studios with one to five instructors who prioritise contract flexibility, transparent pricing, and payment-processing ownership over feature breadth and ecosystem depth. Junocal, OfferingTree, and Arketa are the three that look operationally ready as of writing; others may emerge.

The honest road ahead for Junocal specifically is that we are building for the small-studio wedge, the structural commitments on the homepage are operationally easy for an independently-owned tool to keep, and the bet is that the wedge segment is large enough to support a sustainable independent platform without selling to a PE firm. If Junocal ever takes outside investment, the structural commitments will preserve the homepage promises or the investment will be a deal-breaker. That's the structural argument. The operational argument is that the founder building Junocal has built scheduling software before — Coachli, the prior product, processed over one billion naira of bookings for creator-led businesses — and that the customer-experience pattern of fast email replies and direct-to-founder support is operationally easier at the small-platform scale than at the large-platform scale.

If you run a one-to-five-instructor pilates or yoga studio, the practical recommendation is: keep using whatever you're using until your next renewal. At your next renewal, look at the all-in cost, look at the alternatives, and run a fourteen-day trial in parallel on the one that scores best on the five-point checklist. The structural moment for decision is the renewal letter, not the calendar year.

Related reading: Junocal vs Mindbody for pilates studios in the UK, Junocal vs Momence for studio owners, the annual contract trap in studio software, and the 20% marketplace commission problem. If you want to talk through your own renewal decision, hello@junocal.com gets a real reply from a real person, usually within a few hours.

a few questions

FAQ

Is the whole pilates studio software market really owned by private equity now?
Almost all of the dominant platforms in the category are owned or controlled by PE-backed parent companies running fitness-and-wellness software roll-ups. Mindbody was taken private by Vista Equity Partners in 2019 for $1.9 billion. Mariana Tek was acquired by Advent International in November 2019 and now operates as Xplor Mariana Tek inside Advent's Xplor Technologies portfolio. Momence was acquired by Clubessential Holdings (backed by Battery Ventures and Silver Lake) in January 2025, and Clubessential and Xplor announced a merger in September 2025, expected to close by year end. ABC Fitness Solutions (a Thoma Bravo portfolio company) acquired Glofox in August 2022. Walla is venture-backed rather than PE-backed, with investors including Industry Ventures, TenOneTen Ventures, Social Leverage, and Ankona Capital. The exceptions on the operator-friendly side are mostly smaller and newer: OfferingTree (independent), Arketa (early-stage), and Junocal (independent, founder-owned).
How much have studio software prices actually gone up?
Industry tracking of SaaS pricing in 2024 and 2025 (Vendr's quarterly trends reports, SaaStr's coverage of what some commentators have called the great SaaS price surge of 2025) flagged a clear pattern of meaningful renewal-time price increases across categories, often layered with AI-feature tier expansions. Studio software has moved with the trend on the premium tiers in particular: Mindbody Ultimate Plus, Mariana Tek Pro, and Momence Premium have each had renewal-pricing letters in the last twelve to eighteen months that added meaningful percentages on top of existing tier prices. The entry tiers have moved less aggressively, but the published pricing on the tiers that include pick-a-spot, the branded app, or the marketplace listing has moved noticeably.
Why does marketplace commission keep coming up as a problem?
Because for studios doing genuine new-client discovery through the marketplace, the commission is a fair price for the discovery. For studios where the marketplace is taking commission on clients who would have booked direct anyway — typically the majority of marketplace-attributed bookings in the UK, and a meaningful share in the US — the commission is pure cost on bookings the studio would have got without paying. The compounding effect is what makes it operationally painful: a returning client who books fifty times a year keeps paying the commission inside the attribution window, turning a one-time discovery fee into a long-tail revenue stream for the platform on a client the studio is now servicing entirely on its own.
What's the realistic alternative to the dominant platforms in 2026?
Operator-owned tools that bill monthly, don't have a marketplace, and route payments through Stripe Connect Standard directly to the studio's own Stripe account. Junocal is one of them; OfferingTree is another; Arketa is closing in on a similar position. None of these tools yet has the multi-location enterprise depth of Mindbody Ultimate Plus or the native on-demand video product of Momence Premium. For one-to-five-instructor brick-and-mortar studios, the operator-owned tools are usually a better fit. For multi-location franchises or video-primary hybrid studios, the larger platforms still have feature surfaces the smaller ones do not.

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