Five things to know:
1. THL is the company’s majority shareholder and will be the sole owner when the transaction is complete.
2. The private equity company will purchase shares for $10 per share, a 39% to 43% premium price over the 90-day volume weighted average price per share as of Feb. 23.
3. The transaction values Agiliti at $2.5 billion.
4. THL expects to close the transaction in the first half of the year. The company’s board has already approved the transaction, which won’t require any other shareholder approval.
5. Agiliti provides services to more than 10,000 acute care and alternative care providers across the U.S.
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