• Life Time Fitness agreed to repurchase 2,192,500 common shares at USD 28.6 each in a private transaction, valuing deal at USD 62.71 million.
• Selling stockholders, including affiliates of Leonard Green, TPG, Partners Group, also agreed to sell 8,770,000 shares at USD 28.6 each to an Atairos affiliate for USD 250.82 million.
• Investor purchase expected to settle in two tranches, with second tranche subject to customary closing conditions, including Hart-Scott-Rodino clearance.
• Following closings, Leonard Green, TPG, Partners Group expected to hold about 8.5%, 6.1%, 1.3% of common stock, based on 222,602,738 shares outstanding as of May 1, 2026.
• Repurchase to be funded with cash on hand under stock repurchase program launched in February 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Life Time Fitness Inc. published the original content used to generate this news brief on May 05, 2026, and is solely responsible for the information contained therein.