---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-034451"
form_type: "8-K"
ticker: "UTI"
cik: "0001261654"
company_name: "UNIVERSAL TECHNICAL INSTITUTE INC"
filed_at: "2022-02-10T23:59:59+00:00"
generated_at: "2026-06-27T09:04:11.715112+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# UTI subsidiary purchases 34.2% indirect interest in own Lisle campus, raising ownership to 62.2%

## Summary
- Purchase price was $13.4 million, paid with cash on hand.
- Acquired 47.5% of a REIT that holds a 34.2% indirect interest in the campus-owning entity.
- UTI Ventures now holds 62.2% of the Target (2611 Corporate West Drive Venture LLC).
- Transaction closed February 8, 2022; no operational changes at the Lisle campus.
- Company states it now has ability to seek full ownership of the campus later.

## SEC filing metadata
- accession: 0001193125-22-034451
- form_type: 8-K
- ticker: UTI
- cik: 0001261654
- company_name: UNIVERSAL TECHNICAL INSTITUTE INC
- filed_at: 2022-02-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1261654/000119312522034451/0001193125-22-034451-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261654/000119312522034451/d296816d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-034451
- JSON: https://secwatch.observer/filing/0001193125-22-034451.json
- Plain text: https://secwatch.observer/filing/0001193125-22-034451.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
