Agiliti to be taken private by THL partners with an Enterprise Value of $2.5B

Minneapolis, MN, February 28, 2024 (Reuters) -- Agiliti Inc. (NYSE:AGTI), a provider of medical technology management and service solutions across the nation, announced today that it has agreed to a definitive merger deal. Under this agreement, an affiliate of private equity firm Thomas H. Lee Partners, L.P. ("THL"), Agiliti's majority shareholder, will purchase all outstanding shares of Agiliti common stock not currently held by THL and its affiliates, as well as certain management shareholders, for $10.00 per share in cash. This transaction implies an enterprise value of approximately $2.5 billion.

Read full article here.