Leisure Week - Industry news and jobs in sport, health & fitness, spa & beauty, attractions & museums, commercial leisure and hospitality
 News | Jobs | Sign up for our free e-zine 23 October 2021 
11 Oct 2021
Life Time goes public again – valued at US$3.6bn
By Tom Walker
Life Time goes public again – valued at US$3.6bn
The group operates 150 Life Time athletic resort destinations in the US and Canada
Photo: Life Time
Health club operator Life Time Group has become a publicly traded company again, after it was listed on the New York Stock Exchange (NYSE).

An initial public offering (IPO) completed on 7 October saw the company sell around 39 million shares at US$18, raising US$702m and valuing the company at around US$3.6bn.

Goldman Sachs, Morgan Stanley and BofA Securities acted as joint lead book-running managers for the offering.

The group, which operates 150 Life Time athletic resort destinations in the US and Canada, previously traded on the NYSE from 2004 until 2015, when it was taken over by a group of investors.

Life Time becomes the latest fitness group to go public this year, following the listings of Xponential Fitness, F45 Training and Beachbody.

Since its listing, shares in Life Time have dipped slightly and were valued at US$17.20 at the close of trading on 8 October.

back
Jobs in this issue
Swimming Teacher
Bedworth, UK
Everyone Active
Operations Assistant
Bristol, UK
Everyone Active
Receptionist
Bristol, UK
Everyone Active
Operations Assistant
Bedworth, UK
Everyone Active
Active Communities Manager
Rickmansworth
Everyone Active
Duty Manager
Whitby
Everyone Active
Fitness Instructor/Gym Administrator
Berkhamsted, UK
Ashlyns School
Sports and Fitness Leader
Berkhamsted, UK
Ashlyns School
Membership Consultant
Market Rasen
Everyone Active
Commercial Operations Manager
Land's End, Penzance, Cornwall, UK
Heritage Great Britain
Membership Consultant
Bedworth, UK
Everyone Active
Swim Teacher
Bristol, UK
Everyone Active




Post your jobs online .... click here
Leisure Media Tel: +44 (0)1462 431385 Fax: +44 (0)1462 433909 | About us | © 2021 Cybertrek Ltd