Finance

Lowey Dannenberg P.C. Reviews Proposed Takeover of Agiliti, Inc. by THL

Published May 8, 2024

Legal firm Lowey Dannenberg P.C., renowned for championing investor and consumer rights, is examining the announced acquisition of Agiliti, Inc. AGTI, a key player in healthcare technology management and service solutions within the U.S., by the investment firm Thomas H. Lee Partners, L.P. (THL). This scrutinization comes amidst investor concerns regarding the fairness of the proposed transaction.

Background of Agiliti, Inc.

Agiliti, Inc. holds a strong presence in the U.S. healthcare sector, with its headquarters stationed in Minneapolis, Minnesota. The company's dedication to providing innovative healthcare technology management and service solutions has positioned it as a significant contributor to the industry at large. This acquisition proposal has, therefore, drawn attention due to its potential impact on shareholders and the healthcare service landscape.

Details of the Proposed Acquisition

The takeover bid by THL aims to privatize Agiliti, Inc. As industry observers wait, Lowey Dannenberg's probe focuses on the transaction's adherence to legal and financial fair play principles. The outcome of this investigation could have ripple effects on shareholder value and future market competition within the sector.

Acquisition, Investigation, Healthcare