Weil advised Irving Place Capital Management and Agiliti Holdco, Inc. (f/k/a Universal Hospital Services, Inc.), a provider of medical equipment management and service solutions to the health care industry, in Agiliti’s combination with Federal Street Acquisition Corp. (FSAC), a SPAC sponsored by Thomas H. Lee Partners, in a new holding company formed by FSAC named Agiliti Health, Inc., having an implied enterprise value of approximately $1.74 billion.

The Weil team that advised Irving Place Capital Management and Agiliti was led by Private Equity partner Harvey Eisenberg and included Mergers & Acquisitions partner Raymond Gietz and Corporate associates Katie Simmonds, and James Pierre-Louis. The team also included Capital Markets partner Heather Emmel; Technology & IP Transactions partner Charan Sandhu; Private Equity Executive Compensation & Benefits Head Michael Nissan; Privacy & Cybersecurity Co-Head Randi Singer; Environmental Head Annemargaret Connolly; Capital Markets counsel Barbra Broudy; Executive Compensation & Benefits counsel Steven Margolis; and Regulatory counsel John O’Loughlin.