Life Time Group Holdings, Inc. strategically acquired health club and racquet facilities for $59.7 million to expand its premium wellness offerings and enhance its market position.

Target Company Overview

Life Time Group Holdings, Inc. operates as a premier lifestyle and leisure brand in the health and wellness sector. Based in Chanhassen, Minnesota, the company focuses on providing premium health, fitness, and wellness experiences to a community of over 1.5 million individual members. It boasts a network of 180 athletic country club destinations across 31 states and one Canadian province. Life Time aims to inspire healthier and happier lives through its diverse offerings, which include innovative fitness programs, a comprehensive digital platform, and iconic athletic events.

Industry Overview in the United States

The fitness and wellness industry in the United States has seen a robust surge in demand over the past few years, driven by an increasing focus on health and wellness. As of 2025, the market is expected to witness continuous growth, fueled by rising disposable incomes and a population that is becoming more health-conscious. The proliferation of fitness centers, personalized training regimes, and wellness-oriented services signify a shift towards a proactive approach to health.

Moreover, this industry has been bolstered by technological advancements that facilitate better customer experiences. Digital fitness solutions including mobile apps for tracking workouts, virtual classes,