Agiliti Inc.

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Ademi LLP is investigating Agiliti (NYSE: AGTI) for possible breaches of fiduciary duty and other violations of law in its transaction with THL.

In the transaction, Agiliti shareholders will receive only $10.00 per share in cash, implying an enterprise value of approximately $2.5 billion.  The transaction agreement unreasonably limits competing transactions for Agiliti by imposing a significant penalty if Agiliti accepts a competing bid. Agiliti insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Agiliti’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.