other_material
confidence high
sentiment neutral
materiality 0.70
Life Time Group buys back 2.19M shares at $28.60; selling holders sell 8.77M shares to Atairos for $250.8M
Life Time Group Holdings, Inc.
- Company to repurchase 2,192,500 shares at $28.60 from affiliates of LGP, TPG, and Partners Group for $62.7M.
- Selling stockholders also sell 8,770,000 shares at $28.60 to Atairos Group for $250.8M; second tranche subject to HSR.
- Post-closing, LGP funds hold ~8.5%, TPG funds ~6.1%, Partners Group ~1.3% of LTH shares.
- Share repurchase funded with cash on hand under existing February 2026 buyback program.
item 7.01