Agiliti Acquires Northfield Medical, Inc.

Federal Street Acquisition Corp. and Thomas H. Lee Partners Complete Business Combination with Agiliti Health

January 4, 2019

Healthcare Services

Federal Street Acquisition Corp. (sponsored by an affiliate of Thomas H. Lee Partners) completed a business combination with Agiliti Holdco, the holding company of Agiliti Health, creating Agiliti, Inc. The combined company has an implied enterprise value of approximately $1.74 billion, with entities affiliated with Thomas H. Lee Partners and management holding majority ownership; Irving Place Capital was the prior owner of Agiliti Health.

THL Partners to Take Agiliti Private in ~$2.5B Deal

February 27, 2024

Healthcare Services

Agiliti, a nationwide provider of medical technology management and service solutions, entered into a definitive merger agreement to be taken private by an affiliate of Thomas H. Lee Partners (THL). THL will acquire all outstanding shares of Agiliti common stock not currently owned by THL and its affiliates for $10 per share in cash, implying an enterprise value of approximately $2.5 billion.

Agiliti Acquires Sizewise Rentals

September 14, 2021

Medical Devices

Agiliti, Inc. (NYSE: AGTI) has agreed to acquire Sizewise Rentals, LLC, a manufacturer and distributor of specialty hospital beds, surfaces and patient handling equipment, in a stock purchase valued at $230 million (approximately 7.7x Adjusted EBITDA). The deal expands Agiliti's equipment solutions capabilities and nationwide service footprint; the transaction was financed with cash and debt (including a $150M incremental Term Loan B) and completed in Q4 2021.

Marketlab Acquires Assets of Medi‑Tech International Corporation

September 12, 2023

Medical Devices

Marketlab, a family-owned manufacturer of specialty healthcare products based in Caledonia, Michigan, has acquired the assets of Medi‑Tech International Corporation, a Brooklyn, New York‑based manufacturer of wound care, labor‑and‑delivery, and patient safety products. The acquisition expands Marketlab’s medical‑surgical and laboratory product portfolio and brings additional products, distribution partnerships, and GPO contracts into its offering to better serve IDNs and other healthcare customers.

Integra LifeSciences Acquires Acclarent, Inc.

April 1, 2024

Medical Devices

Integra LifeSciences Holdings Corporation has completed its acquisition of Acclarent, Inc., a maker of ear, nose and throat (ENT) surgical devices. The transaction expands Integra’s product portfolio into the ENT device segment, adding approximately $1 billion to the company’s total addressable market and providing scale through Acclarent’s commercial and R&D capabilities.

Celerity Solutions Group Acquires NetMed Transcription Services

October 12, 2022

Healthcare Services

Celerity Solutions Group, a clinical documentation and healthcare transcription provider, has acquired NetMed Transcription Services, a Midwest medical transcription firm headquartered in Cadillac, Michigan. Kruse Acquisitions, LLC served as the sell-side advisor; the acquisition expands Celerity’s clinical documentation capabilities and geographic footprint in the Midwest.