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July 30, 2015 5:36 PM ET

Hotels, Restaurants and Leisure

Company Overview of Life Time Fitness, Inc.

Company Overview

Life Time Fitness, Inc., together with its subsidiaries, designs, builds, and operates sports and athletic, professional fitness, family recreation, and spa centers for organizations, communities, and individuals. The company offers programs in various areas, such as group fitness, yoga, swimming, running, racquetball, squash, tennis, pilates, martial arts, kids activities and camps, adult activities and leagues, rock climbing, cycling, basketball, personal training, and weight loss and nutrition initiatives services, as well as spa, medi-spa, and chiropractic services. It operates LifeCafe that provides organic, preservative, and cage-free healthy and all-natural food products, as well as n...

2902 Corporate Place

Chanhassen, MN 55317

United States

Founded in 1990

7,300 Employees

Phone:

952-947-0000

Fax:

952-368-2816

Key Executives for Life Time Fitness, Inc.

Founder, Chairman and Chief Executive Officer, President
Age: 54
Chief Financial Officer
Age: 48
Chief Operating Officer and Executive Vice President
Age: 53
Chief Administrative Officer and Executive Vice President of Lifespa
Age: 53
Principal Accounting Officer, Senior Vice President and Controller
Age: 54
Compensation as of Fiscal Year 2015.

Life Time Fitness, Inc. Key Developments

Life Time Fitness, Inc. Opening of its First Destination in the Boston Area

Life Time Fitness, Inc. announced its expansion into Massachusetts with the July 20, 2015 opening of its first destination in the Boston area. Highlights of the new 170,000-square-foot destination includes Indoor and outdoor aquatics center with zero-depth entry pools, lap pools and water slides; five dedicated group exercise, cycle, Pilates and LifePower Yoga studios; 400 pieces of best-in-class cardiovascular and resistance training equipment; two full-size indoor basketball courts, featuring Ultimate Hoops leagues and training programs; Life Time’s proprietary ‘Core 3 – Life Time Training Method,’ a science-based approach for long-term health and wellness success led by the industry’s most highly certified fitness professionals; Life Time Kids Academy, a unique membership program designed especially for kids from three months to 11 years, led by handpicked, certified experts (Life Time ‘gurus’) committed to childhood development. Classes include everything from Spanish immersion and tumbling to music and karate; LifeSpa, offering full-service hair, nail and skin care services and therapeutic massage, along with the latest MediSpa treatments; LifeCafe, serving healthy food and beverages free of trans fats, bleached flours, and artificial flavors, colors, preservatives and sweeteners; no long-term membership contracts /Complimentary towel and locker service.

Life Time Opens Life Time Athletic Ajax in Toronto, Canada

Life Time Fitness, Inc. has announced the opening of its new destination, Life Time Athletic Ajax, located at 100 Beck Crescent in Toronto, Canada. Unlike a typical gym or boutique, the new three-story, 127,000-square-foot destination is designed to meet the needs of the most discerning customer, starting with a team of highly trained and certified team members committed to providing an experience of uncompromising quality to members. The new center will boast a broad array of highly personalized programs and services that allow members to engage in their areas of interest and help them achieve their total health objectives, athletic aspirations and fitness goals.

Gramercy Property Trust Inc., Life Time Fitness, Inc. - M&A Call

To discuss about acquisition of portfolio of ten, large-format, high-end fitness centers for an aggregate purchase price of approximately $300.5 million

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 18, 2015
The St. Louis Park facility, at 5525 Cedar Lake Road
Merger/Acquisition
June 11, 2015
Life Time Fitness Inc., Portfolio of Ten, Large-Format, High-End Fitness Centers
Merger/Acquisition
March 16, 2015
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