Public Company Healthcare

Agiliti

Charlotte, North Carolina, United States

Formerly known as Agiliti Health, Inc., Certain THL limited partners, Existing anchor investors

Agiliti provides medical equipment services and related healthcare equipment management solutions. Federal Street Acquisition Corp. was the SPAC that completed its business combination with Universal Hospital Services to become Agiliti.

Focus Areas
Medical equipment services, Healthcare equipment management

Tracked deals

10

10 tracked deals across 2019-2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

5 buyout · 3 growth capital · 2 recapitalization

Agiliti Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Agiliti. 2 2019 3 2020 4 2021 1 2022

Supporting Data

Recent Transactions

  • Buyer
    Thomas H. Lee Partners
    Target
    Bynder
    Seller
    Insight Partners
    Industry
    Cloud & SaaS
    Location
    North Holland, Netherlands
    Type
    Buyout

    Thomas H. Lee Partners (THL) will make a majority investment in Bynder, acquiring Insight Partners' stake to support Bynder's next phase of product innovation and global growth. Bynder, an Amsterdam-headquartered provider of cloud-native Digital Asset Management (DAM) software with ~500 employees and ~$100m ARR, will leverage THL's SaaS and automation expertise to scale its platform and partner ecosystem.

  • Buyer
    CSafe Global, Frazier Healthcare Partners, Thomas H. Lee Partners
    Target
    Softbox Systems
    Seller
    Great Point Partners
    Location
    Buckinghamshire, United Kingdom
    Type
    Buyout

    CSafe Global, backed by Frazier Healthcare Partners and Thomas H. Lee Partners, acquired Softbox Systems from Great Point Partners, combining CSafe's active cold-chain container solutions with Softbox's passive temperature-controlled packaging products. The deal creates an end-to-end cold-chain platform serving pharmaceutical, biotech and logistics customers and expands CSafe's passive product portfolio and global footprint; terms were not disclosed.

  • Buyer
    Thomas H. Lee Partners
    Target
    House of Design LLC
    Type
    Buyout

    Thomas H. Lee Partners (THL) has acquired a majority interest in House of Design, a Nampa, Idaho-based provider of robotic automation systems and software for the residential construction and building components market. The investment will provide capital and operational resources to accelerate product innovation, scale production and expand the company's automation capabilities while House of Design's co-founders retain minority positions.

  • Buyer
    Thomas H. Lee Partners, L.P., Zebra Technologies Corporation, Volvo Group Venture Capital, Qualcomm Ventures, LLC
    Target
    FourKites
    Industry
    Transportation

    Thomas H. Lee Partners (THL) led a $100 million Series D growth round in FourKites, a Chicago-based real-time supply chain visibility software provider. Strategic investors Zebra Technologies, Volvo Group Venture Capital and Qualcomm Ventures joined the financing to help FourKites accelerate product innovation, expand market penetration and pursue organic and inorganic growth initiatives.

  • Buyer
    Thomas H. Lee Partners, THL Automation Fund L.P.
    Target
    Ashling Partners, LLC
    Industry
    IT Services

    Thomas H. Lee Partners (THL) has completed a growth capital investment in Ashling Partners, an intelligent automation services provider. THL principals Josh Bresler and Kearney Shanahan will join Ashling's board as the firm looks to expand its global scale, broaden automation capabilities, and pursue M&A opportunities.

  • Buyer
    Thomas H. Lee Partners (THL Automation Fund L.P.), Existing anchor investors
    Target
    Phytech Ltd.
    Industry
    Agriculture
    Location
    Israel

    Phytech Ltd., an Israeli digital farming and IoT provider, raised $23.5 million in growth funding from funds managed by Thomas H. Lee Partners (including THL Automation Fund L.P.) and existing anchor investors. The capital will be used to accelerate development of irrigation automation capabilities and support Phytech's global market expansion; THL Managing Director Josh Bresler joined Phytech's board as part of the transaction.

  • Buyer
    Thomas H. Lee Partners, L.P.
    Target
    Insurance Technologies, LLC
    Seller
    NexPhase Capital, LP, Moelis Capital Partners (MCP)
    Industry
    Cloud & SaaS
    Type
    Buyout

    Thomas H. Lee Partners (THL) has agreed to acquire a majority stake in Insurance Technologies, LLC from NexPhase Capital. The investment will support Insurance Technologies' continued development of a SaaS cloud-based sales and regulatory automation platform for the insurance and financial services industries and enable further strategic acquisitions.

  • Buyer
    Thomas H. Lee Partners, Cannae Holdings, Certain THL limited partners
    Target
    AmeriLife Group, LLC
    Seller
    J.C. Flowers & Co., Other investors

    AmeriLife Group, a national distributor of life, health and retirement solutions, agreed to a recapitalization led by Thomas H. Lee Partners with participation from Cannae Holdings and certain THL limited partners. THL is acquiring a majority stake from J.C. Flowers & Co. and other investors to provide financial flexibility and support AmeriLife's continued growth and strategic expansion.

  • Buyer
    Thomas H. Lee Partners (THL), AutoStore senior management (co-investors), EQT (rollover/minority investor)
    Target
    AutoStore
    Seller
    EQT VII (EQT)
    Location
    Rogaland, Norway

    Thomas H. Lee Partners (THL) has entered a definitive agreement to acquire AutoStore in a recapitalization transaction, with AutoStore management and EQT retaining minority stakes. The deal will provide capital to accelerate AutoStore’s product innovation and global expansion in warehouse automation; terms were not disclosed and the transaction was expected to close in Q3 2019.

  • Buyer
    Federal Street Acquisition Corp., Thomas H. Lee Partners, L.P.
    Target
    Agiliti Holdco, Inc. (Agiliti Health / Agiliti)
    Seller
    Irving Place Capital Management, L.P.
    Type
    Buyout

    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.

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