Deal Detail

Life Time Fitness, Inc. to Leonard Green Partners

EV / LTM EBITDA

10.3x

EV / LTM Sales

Enterprise Value

Primary Source

Guggenheim

Comparable Transactions

Leisure transactions announced in the five years to March 2015. 1 with a disclosed multiple.

Date	Target	Acquiror	Enterprise Value	EV/Sales	EV/EBITDA	Type
Mar 2012	Great Wolf Resorts, Inc.	Apollo Global Management, LLC	-	-	9.4x	Financial

Source-specific multiples and notes for this transaction.

Comp	Primary?	Source Type	Source	Source Advisor	Source Year	EV (USD)	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Citation
	Primary	fairness opinion	LTM FO	Guggenheim	2015	-	-	10.3x	-	Non Franchise	Open
	-	fairness opinion	LTM FO	Guggenheim	2015	$3.1B	3.1x	10.7x	-	Non Franchise	Open