#Sizewise bariatric bed update

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.вЂќ вЂњThe acquisition of Sizewise is a perfect example of our вЂoverlap and extendвЂ™ approach to M&A. вЂњWe are pleased to welcome the Sizewise team and their customers to Agiliti and are excited about merging our best-in-class portfolios of product and service offerings,вЂќ said Tom Leonard, CEO of Agiliti. Sizewise is headquartered in Kansas and operates a 24/7 nationwide network of 65 local, in-market service branches and four manufacturing centers. For the twelve months ended June 30, 2021, the business generated revenues of $155 million and Adjusted EBITDA of $30 million, inclusive of an estimated benefit from COVID-19 of approximately $5 million in Adjusted EBITDA. Sizewise is a leading manufacturer and provider of specialized bed frames, therapeutic surfaces and mobility equipment serving more than 3,000 customers in the acute and post-acute care markets with products that address the needs of bariatric, geriatric, pediatric and standard patient populations.

#Sizewise bariatric bed 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, (вЂњSizewiseвЂќ), 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) (вЂњAgilitiвЂќ or вЂњthe CompanyвЂќ), an essential service provider to the U.S. To contact Midmed about Sizewise Bari-Rehab Platform2 -Bariatric Bed use Get A Quote.MINNEAPOLIS-( BUSINESS WIRE)-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. This innovative bed design allows patients to become actively involved in their rehabilitation plan of care.ДЇeatures 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.