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Agiliti

#4855

Rank

$1.37B

Marketcap

US United States

Country

Agiliti
Leadership team

Mr. Thomas J. Leonard (CEO & Director)

Mr. Thomas W. Boehning (Pres)

Mr. James B. Pekarek (Exec. VP & CFO)

Products/ Services
Health Care
Number of Employees
1,000 - 20,000
Headquarters
Minneapolis, Minnesota, United States
Established
1939
Company Registration
SEC CIK number: 0001749704
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
AGTI
Social Media
Overview
Location
Summary
Agiliti, Inc., together with its subsidiaries, provides healthcare technology management and service solutions to the healthcare industry in the United States. It offers onsite managed services that are comprehensive programs for the management, reprocessing, and logistics of medical equipment at individual facilities and integrated delivery networks to monitor and adjust equipment quantities and availability to address fluctuations in patient census and acuity. The company also provides clinical engineering services comprising maintenance, repair, and remediation solutions for various types of medical equipment, including general biomedical equipment, diagnostic imaging equipment, and surgical equipment through supplemental and outsourced offerings. In addition, it offers equipment solutions, which primarily provide supplemental, peak need, and per-case rental of general biomedical, specialty, and surgical equipment to acute care hospitals and alternate site providers, including premier healthcare institutions and integrated delivery networks. The company serves acute care hospitals, health systems and integrated delivery networks and alternate site providers Agiliti, Inc. was founded in 1939 and is headquartered in Eden Prairie, Minnesota.
History

Agility was established in 1979 as a state-owned company in Kuwait. Its original name was Public Warehousing Co. . Tarek Sultan was named chairman and managing director when the company was privatized in 1997.

After privatization, Agility pursued a strategy of investment and expansion. Through acquisitions and establishment of new offices, it built a global presence in the Middle East, Asia, Africa and Latin America, where many of its more established competitors had yet to set up, and in the developed markets of Europe and North America. The company grew rapidly by acquiring other logistics companies and assets such as warehouses and trucks. Among its most significant acquisitions were the USA-based companies Geologistics Corp., Transoceanic Shipping Co. Inc., WTS of Houston and Global Express Line. Also purchased were Singaporean company Trans-Link Group; Swiss company Cronat Transport Holding AG; Globe Marine Services of Saudi Arabia; Cosa Freight in China; Kenya-based Starfreight; and Tristar Transport of UAE. The company also expanded Latin American operations with the acquisition of Trafinsa SA de CV in Mexico and Itatrans in Brazil.

By 2004, Agility, then still PWC, was the largest logistics provider in the Middle East. In 2006, the company unified its services under the new name of Agility with the brand slogan “A New Logistics Leader.”

Agility sold its commercial freight forwarding and logistics business in 2021 to DSV A/S for shares in the combined company, becoming the second-largest shareholder in the world’s #3 freight forwarder.

In 2022, Agility acquired Menzies Aviation, merging it with its aviation services company, National Aviation Services. The combined company will operate as Menzies Aviation and will be the world’s largest aviation services company by number of countries and second largest by number of airports served. The new Menzies Aviation will provide air cargo services, fuel services and ground services at airports on six continents.

The company continues to focus on its high-performing supply chain businesses in high-growth markets, developing and operating logistics parks across the Middle East, Africa and South Asia. Agility’s other subsidiaries offer ecommerce enablement and digital logistics, fuel logistics, commercial real estate, customs digitization and other supply chain services.. Through its venture capital arm, Agility Ventures , Agility invests in technologies and ventures that enhance supply chain efficiency and sustainability, and expand access to global trade.

Mission
Agiliti's mission is to become the world's leading provider of cloud solutions. We want to enable our customers to rapidly and effectively leverage cloud technologies, helping to empower their digital transformation efforts and to fully realize the power of their data.
Vision
Agiliti is committed to being the industry leader in cloud and digital transformation solutions, committed to delivering highly reliable, innovative, secure, and cost-efficient solutions to empower our customers. Our vision is to become the partner of choice for cloud solutions, enabling our customers to drive their business transformation and innovation efforts forward.
Key Team

Ms. Lee M. Neumann (Exec. VP & Gen. Counsel)

Mr. Derrick L Johnson (Sr. VP of Operations)

Mr. Scott A. Christensen (Sr. VP, Controller & Chief Accounting Officer)

Mr. Matt Neale (Sr. VP of IT & Chief Information Officer)

Ms. Kathryn Kaiser (Sr. VP of Corp. Communication & Investor Relations)

Mr. Robert L. Creviston (Exec. VP & Chief HR Officer)

Mr. David L. Anbari (Sr. VP of Strategy & Solution Management)

Recognition and Awards
Agiliti has won numerous awards for its innovative cloud solutions and customer service, including being named a Rising Star by CRN, one of the Top 25 Mid-Size Companies by Gartner, and one of the top Technology Companies by Fortune Magazine, among others.
References

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Agiliti
Leadership team

Mr. Thomas J. Leonard (CEO & Director)

Mr. Thomas W. Boehning (Pres)

Mr. James B. Pekarek (Exec. VP & CFO)

Products/ Services
Health Care
Number of Employees
1,000 - 20,000
Headquarters
Minneapolis, Minnesota, United States
Established
1939
Company Registration
SEC CIK number: 0001749704
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
AGTI
Social Media