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Friday, October 22, 2021

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HomeACQUISITIONS and MERGERSAgiliti Completes the Acquisition of Sizewise

Agiliti Completes the Acquisition of Sizewise

Agiliti, Inc. (NYSE: AGTI) (“Agiliti” or “the Company”), an essential service provider to the U.S. healthcare industry, today announced that it has completed the previously announced acquisition of Sizewise Rentals, LLC, (“Sizewise”), a manufacturer and distributor of specialty hospital beds, surfaces and patient handling equipment.

The transaction was financed with a combination of cash on hand as well as an incremental $150M Term Loan B (fungible with the existing 0% LIBOR floor tranche). JPMorgan Chase Bank, N.A., served as lead left bookrunner in respect to the financing.

Agiliti will provide an update to its full year 2021 financial guidance, including anticipated contribution from Sizewise, at the time it reports quarterly results for the period ending September 30, 2021.

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Medical Device News Magazine is a division of PTM Healthcare Marketing, Inc. Pauline T. Mayer is the managing editor.

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