Www sizewise net update#

Www sizewise net update#

Following the close of the transaction, Agiliti will provide an update to its full year 2021 financial guidance at the time it reports quarterly results for the period ending September 30, 2021. Subject to the satisfaction of customary closing conditions, the transaction is expected to close early in the fourth quarter of 2021. The Boards of Directors of both companies have unanimously approved the agreement. Agiliti intends to finance the transaction through a combination of cash and debt. healthcare industry, today announced that it has entered into a definitive agreement to acquire Sizewise Rentals, LLC, ('Sizewise'), a manufacturer and distributor of specialty hospital beds, surfaces and patient handling equipment, in a stock purchase transaction valued at $230 million or approximately 7.7x Adjusted EBITDA for the twelve months ended June 30, 2021. (NYSE: AGTI) ('Agiliti' or 'the Company'), an essential service provider to the U.S. Minneapolis, Minn.-(BUSINESS WIRE)- SeptemAgiliti, Inc. AGILITI ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE SIZEWISEĬombination expands Agiliti's end-to-end service offering to customers, strengthening capabilities in high-demand specialty equipment servicesĬomplementary product and operational capabilities broaden offering within growing specialty beds, surfaces and mobility equipment marketīuilds on Agiliti's nationwide footprint and logistics infrastructure, increasing local market presence and creating cross-selling opportunitiesĪll-cash, stock purchase transaction valued at $230 millionĮxpected to generate $5 million annual cost synergies in the first year, growing to $15 million by year three