Life Time’s Exciting Transformation: A New Era of Wellness
CHANHASSEN, Minn. – February 27, 2025 – In an exhilarating development, Life Time Group Holdings, Inc. (NYSE: LTH), a renowned leader in healthy living, announced that certain affiliates of Leonard Green & Partners, L.P. have reached an agreement to acquire a significant stake in the company.
The Deal:
The transaction, valued at approximately $4.6 billion, is expected to close during the second quarter of 2025, subject to customary closing conditions. Leonard Green & Partners, a leading private equity firm known for its investments in consumer, retail, and business services sectors, will bring valuable expertise and resources to Life Time.
Impact on Members:
For Life Time members, this acquisition means continued investment in the company’s offerings and services. With Leonard Green & Partners’ support, Life Time plans to expand its network of health clubs, further develop its digital services, and enhance its wellness programs. This commitment to growth ensures that members will continue to enjoy premier fitness and wellness experiences.
Impact on the Wellness Industry:
The acquisition of Life Time by Leonard Green & Partners is poised to leave a significant impact on the wellness industry as a whole. With this investment, the company will have the financial backing to accelerate its growth and innovation, setting new standards for the industry. This development may also inspire other players in the wellness space to invest more heavily in their offerings, leading to a more competitive and dynamic market.
A Look into Leonard Green & Partners:
Leonard Green & Partners, L.P. is a leading private equity firm with a distinguished track record of investing in consumer, retail, and business services companies. With a focus on partnering with exceptional management teams, the firm has built a reputation for helping businesses achieve their growth objectives. Some of its notable investments include Starbucks Corporation, Toys “R” Us, and Michael Kors Holdings, Ltd.
The Future of Life Time:
The acquisition by Leonard Green & Partners marks an exciting new chapter for Life Time. With the firm’s expertise and resources, the company is well-positioned to expand its reach and continue its mission of empowering people to live healthy, happy lives. Stay tuned for updates on the latest developments from Life Time.
Conclusion:
In summary, the acquisition of Life Time by Leonard Green & Partners is a game-changer for the wellness industry. This investment will enable Life Time to expand its offerings, innovate, and grow, ensuring that members continue to enjoy premier fitness and wellness experiences. The deal also sets a new standard for the industry, inspiring other players to invest more heavily in their offerings. As we move forward, we look forward to witnessing the continued growth and success of Life Time.
- Life Time to be acquired by Leonard Green & Partners for approximately $4.6 billion.
- Investment expected to close during Q2 2025, subject to customary conditions.
- Leonard Green & Partners brings valuable expertise and resources to Life Time.
- Continued investment in Life Time’s offerings and services.
- Accelerated growth and innovation in the wellness industry.
