Oracle Delivers Mixed Q1 Results Shares Dip 1. Gallagher Snaps Up Lloyd Bedford Cox, Impresses at Investor Day WM Technology Snaps Up Sprout Shares JumpĪrthur J. Shares have exploded 286.4% year-to-date. ![]() The average Agiliti price target of $26.25 implies 18.1% upside potential to current levels. Overall, the stock commands a Strong Buy consensus rating based on 4 unanimous Buys. Recently, Goldman Sachs analyst Amit Hazan lowered the price target on the Agiliti stock to $37 (66.5% upside potential) from $43 while maintaining a Buy rating. The combination builds on our existing geographic footprint and adds relevant scale to our Equipment Solutions service line while simultaneously expanding our capabilities to bring differentiated products and services to market for our customers.” Description Description With its unlimited height adjustments to 79cm, the Bariatric Low Boy allows patients to enter or exit the bed comfortably and safely. Upon closing, the acquisition will add $5 million to annual cost synergies in the first year, growing to $15 million by the third year.Īdditionally, the acquisition of Sizewise adds several benefits to Agiliti, namely, building on its unique, at-scale infrastructure by optimizing its complementary distributed operations network, strengthening its supply chain capabilities, expanding the company’s value proposition by further addressing the needs of bariatric patients and those at risk of skin and fall injury, and aligning with the company’s proven, end-to-end service model.Ĭommenting on the deal, Tom Leonard, CEO of Agiliti, said, “The acquisition of Sizewise is a perfect example of our ‘overlap and extend’ approach to M&A. The company generated revenue of $155 million and adjusted EBITDA of $30 million for the twelve months ending June 30, 2021.īy integrating Sizewise with Agiliti’s equipment solutions service line, the company broadens its portfolio and clinical expertise within the equipment services market, expands its total addressable market, and targets meaningful growth and cost reduction synergies. SIZEWISE BARIATRIC BED Back to Model Number 12060307-SW2000 Device Problems Break (1069) Thermal Decomposition of Device (1071) Improper or Incorrect. ![]() Sizewise serves more than 3,000 customers in the acute and post-acute care markets, with a focus on the needs of bariatric, geriatric, pediatric, and standard patient populations. Shares jumped 8.5% following the news, closing at $22.22 on September 14. healthcare industry, serving more than 7,000 national, regional, and local acute care and alternate site providers across the U.S. The purchase consideration will be financed by cash and debt, and the deal is expected to close early in Q4, subject to certain closing conditions.Īgiliti is an essential services provider to the U.S. With its unlimited height adjustments to 31', the SW Low Boy allows patients to enter or exit the bed > comfortably and safely. ( AGTI) announced a stock purchase deal valued at $230 million to buy Sizewise Rentals, LLC, a manufacturer and distributor of specialty hospital beds, therapeutic surfaces, and patient handling equipment. The SW Low Boy® is changing the way hospitals and long term care facilities address fall prevention by offering the industrys first bariatric low bed with a low resting height of 7' and a weight capacity of 850 lbs. To contact Midmed about Sizewise Bari-Rehab Platform2 -Bariatric Bed use Get A Quote.Agiliti, Inc. All models are fully electric and come standard with cardio chair positioning, up to 15 degrees Trendelenburg and Reverse Trendelenburg, and include a built in Head Angle Indicator. The integrated scale system delivers easy, accurate weights at the touch of a button. When combined with our low air loss therapeutic support surfaces, the Bari-Rehab Platform2 can provide alternation therapy, pulsation therapy, or rotational therapy with percussion and vibration to accommodate a wide array of patient conditions and caregiver needs. The Bari Rehab Platform is well designed keeping in mind the safety and comfort of the bariatric patient and caregiver alike. ![]() This innovative bed design allows patients to become actively involved in their rehabilitation plan of care.įeatures such as the open side rail, low working height of the deck and simplified hand control all enhance the patient's independence as well as decrease the patient's reliance on the caregiver. With a 450 kg capacity and expandable width of 100 cm to 120 cm the Bari-Rehab Platform2 is the ideal bed for all levels of care for the bariatric patient. Diagnostic Instruments & Medical Imaging.
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