M&A Deal Summary

Life Time Acquires Shape Medical Weight Loss Center

On December 3, 2014, Life Time acquired consumer services company Shape Medical Weight Loss Center

Acquisition Highlights
  • This is Life Time’s 2nd transaction in the Consumer Services sector.
  • This is Life Time’s 3rd transaction in the United States.
  • This is Life Time’s 1st transaction in Georgia.

M&A Deal Summary

Date 2014-12-03
Target Shape Medical Weight Loss Center
Sector Consumer Services
Buyer(s) Life Time
Deal Type Add-on Acquisition

Target

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.

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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 3 of 3
Sector (Consumer Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Georgia) 1 of 1
Country (United States) 3 of 3
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-04 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.

Buy $1M