David Hasselhoff and his ex-wife Pamela Bach have reached a custody agreement in their bitter divorce battle. The two will share equal custody of their two daughters.

"David is pleased to have the matter behind him," Hasselhoff’s lawyer said today. "He wants to move on with his life."

Hasselhoff, 55, and Bach, 44, also reached a financial agreement on their post-divorce issues, a settlement that was months in the making.

The Hoff’s lawyer said that the improved relationship between the exes led to the revised custody arrangement. Hasselhoff has had sole legal and primary custody of their teenage daughters since June.