Agiliti

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Agiliti - overview

Established

1939

Location

Eden Prairie, MN, US

Primary Industry

Software

About

Agiliti Health, Inc. , based in the US, provides crucial medical equipment and services to enhance patient care and operational efficiency in healthcare environments. Agiliti Health, Inc. is a provider of medical equipment and services aimed at improving healthcare operations.


Founded in 1939 in Eden Prairie, US, the company was formed through a combination of acquisitions and now operates as a public entity following its transition from private ownership. In April 2021, Agiliti raised USD 410. 00 mn in a Public to Private funding round led by Thomas H. Lee Partners, bringing its total amount raised to USD 410.


00 mn. The leadership is currently under CEOs Tom Boehning and Tom Leonard. Agiliti specializes in offering a comprehensive suite of medical equipment designed to enhance patient care in healthcare settings. Their core offerings include hospital beds, therapeutic surfaces, infusion devices, and surgical equipment, ensuring critical medical technology is ready for use.


Their services encompass medical device rental, onsite equipment management, clinical engineering support, and surgical technology services, catering to over 10,000 acute care facilities across the United States, including hospital systems and government agencies. In 2023, Agiliti reported a revenue of USD 1. 17 bn and an EBITDA of USD 238. 72 mn.


Their revenue model includes medical equipment rental and management services, structured as business-to-business transactions with healthcare providers. Customers engage Agiliti for both short-term rentals and long-term service agreements, providing flexible pricing options to manage costs effectively while ensuring access to necessary medical technologies. Agiliti is focused on expanding its product offerings and geographic reach. Following its April 2021 IPO, which raised USD 368.


48 mn, the company plans to invest in the development of new medical technologies and services aimed at enhancing healthcare operational efficiency. The company is also targeting expansion into new markets across North America, with specific growth initiatives outlined for the next two years.


Current Investors

Thomas H. Lee Partners

Primary Industry

Software

Sub Industries

Equipment Rental & Leasing, Medical Equipment Distributors, Logistics Software, Content Management Software

Website

www.agilitihealth.com

Verticals

Cloud Computing, HealthTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

Agiliti - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Public to PrivateCompletedAgiliti-
Add-onCompletedSizewise Rentals, LLC-
IPOCompletedAgiliti-
Add-onCompletedMobile Instrument Service and Repair, Inc.-
Private DebtCompletedAgiliti-

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