Agiliti, Inc. (“Agiliti”), a leading, nationwide provider of healthcare technology management and service solutions, announced it has acquired Mobile Instrument Service & Repair, Inc., (“Mobile Instrument”), the third largest provider, by revenue, of surgical equipment repair services to the U.S. healthcare industry. The transaction was priced at 11x the company’s 2019 Adjusted EBITDA. “Mobile Instrument is an exciting new addition to our leading medical device service platform,” said Tom Leonard, CEO of Agiliti. “This acquisition builds on our proven, customer-centric model for outsourced clinical engineering services.”
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Source: https://www.businesswire.com/news/home/20200219005190/en/Agiliti-Acquires-Mobile-Instrument-Service-Repair