M&A Deal Summary

Life Time Acquires MGC Diagnostics - New Leaf software

On September 4, 2012, Life Time acquired software company MGC Diagnostics - New Leaf software from MGC Diagnostics for 1M USD

Acquisition Highlights
  • This is Life Time’s 1st transaction in the Software sector.
  • This is Life Time’s largest (disclosed) transaction.
  • This is Life Time’s 2nd transaction in the United States.

M&A Deal Summary
Date 2012-09-04
Target MGC Diagnostics - New Leaf software
Sector Software
Buyer(s) Life Time
Sellers(s) MGC Diagnostics
Deal Type Divestiture
Deal Value 1M USD

Target

MGC Diagnostics - New Leaf software

United States
The New Leaf brand provides metabolic assessment data. Its products, which are used in health clubs, test and provide data about a customer’s breathing and heart rate.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Life Time

Chanhassen, Minnesota, United States
Category Company
Founded 1992
Sector Consumer Services
Employees45,000
Revenue 2.2B USD (2023)
DESCRIPTION
Life Time Fitness office in Fairlawn, Ohio.
Life Time Fitness office in Fairlawn, Ohio.

Life Time operates sports, athletic, fitness, and family recreation centers offering premium amenities and services in a resort-like setting. Life Time was founded in 1992 and is based in Chanhassen, Minnesota.

DEAL STATS #
Overall 2 of 3
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 2 of 3
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-15 Lifestyle Family Fitness

St. Petersburg, Florida, United States

Lifestyle Family Fitness owns and operates fitness centers throughout the Southeast and Midwest.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-03 Shape Medical Weight Loss Center

Atlanta, Georgia, United States

Shape Medical Weight Loss Center LLC is a provider of non-surgical aesthetic and wellness clinic.

Buy -

Seller(S) 1

SELLER

MGC Diagnostics

Saint Paul, Minnesota, United States
Category Company
Founded 1977
Sector Medical Products
Employees165
Revenue 37M USD (2015)
DESCRIPTION

MGC Diagnostics designs, develops, manufactures, and markets non-invasive cardiorespiratory diagnostic systems, accessories, and consumables for the detection, classification, and management of cardiorespiratory disease. MGC Diagnostics was founded in 1977 and is based in Saint Paul, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-22 Lemon Medical

Hammelburg, Germany

Lemon Medical specialized in designing, develop and distributing single patient-use disposable bacterial and viral filters used in a variety of cardiorespiratory medical products. Lemon Medical was founded in 2009 and is headquartered in Hammelburg, Germany.

Buy -
Mergr

Product

Company

Legal