Life Time, Inc. is a chain of health clubs in the United States and Canada. Not only has Life Time established a unique and powerful model in the healthy living, healthy aging, and healthy entertainment space,
Who owns Lifetime Fitness?
Life Time, a publicly traded company, considered becoming a Real Estate Investment Trust (REIT) in response to pressure from its largest shareholder, Marcato Capital Management. In March 2015, Life Time was acquired by private equity firms TPG Capital and Leonard Green & Partners in a leveraged buyout. The Company also introduced Life Time Work, an entirely new concept that is redefining the shared workspace industry through the thoughtful application of space geometry and color psychology, along with timeless materials and finishes.
Back to how it all started, Bahram Akradi founded LifeTime in 1992 to help people achieve their health and wellness goals through a category-redefining approach to providing entertaining, educational, friendly and inviting, functional, and innovative experiences with uncompromising quality and unparalleled service.
From the very beginning, Akradi led the company with a focus on serving members’ needs first designing and delivering the Company’s athletic country clubs, programs, products, and events from a member point of view, knowing that business results naturally would follow. 30 years later, it’s a principle that has proven itself time and time again.
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