Ropes & Gray Advised LifeStance on Secondary Public Offering

In The News
March 4, 2026

Ropes & Gray represented LifeStance Health Group (Nasdaq: LFST) and selling stockholders TPG and Summit Partners in the sale of 25,000,000 shares of LifeStance’s common stock. The offering priced on February 25 and closed on March 2.

LifeStance Health Group is one of the nation’s largest providers of virtual and in-person outpatient mental health care.

TPG is a leading global alternative asset manager with $303 billion in assets under management.

Summit Partners is a leading growth-focused investment firm.

The team was led by capital markets partner Tom Fraser.