---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-044023"
form_type: "8-K"
ticker: "UTI"
cik: "0001261654"
company_name: "UNIVERSAL TECHNICAL INSTITUTE INC"
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:23:47.288964+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# UTI acquires remaining 72% stake in Lisle campus for $28.2M cash plus debt assumption

## Summary
- Paid $28.2M cash plus assumed debt to buy out joint venture partner's ~72% stake, now owns 100% of 2611 CWD.
- Total outstanding debt on the campus is ~$18.5M; UTI is sole obligor after the transaction.
- Campus is 187,000 sq ft on 20 acres with over 900 students; operations unchanged.
- Company plans to refinance assumed debt with new financing to benefit from current interest rates.
- CFO expects significant EBITDA and cash flow benefits compared to leasing the facility.

## SEC filing metadata
- accession: 0001193125-22-044023
- form_type: 8-K
- ticker: UTI
- cik: 0001261654
- company_name: UNIVERSAL TECHNICAL INSTITUTE INC
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1261654/000119312522044023/0001193125-22-044023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261654/000119312522044023/d276816d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-044023
- JSON: https://secwatch.observer/filing/0001193125-22-044023.json
- Plain text: https://secwatch.observer/filing/0001193125-22-044023.txt

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