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Healthcare tech Agiliti to be taken private for $1.35 billion

By Thomson Reuters Feb 26, 2024 | 7:17 AM

(Reuters) -Healthcare technology firm Agiliti said on Monday it had agreed to be taken private by THL Partners for $1.35 billion.

A unit of THL will pay $10 in cash for each share of Agiliti, representing a premium of 31% to the stock’s last close.

Agiliti’s shares rose 29% in premarket trading.

The deal, which values Agiliti at $2.5 billion, is expected to close in the first half, the company said.

(Reporting by Bhanvi Satija in Bengaluru; Editing by Sriraj Kalluvila)