News & Announcements

Weil Advised Irving Place Capital and Agiliti in Agiliti’s $1.74B Combination with Federal Street Acquisition Corp.

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 Philip Wolf, Katie Simmonds, Miae Woo, Constantinos Pappas, Elisabeth McMorris and James Pierre-Louis (Not Yet Admitted in New York). The team also included Banking & Finance partner Allison Liff; Capital Markets partner Heather Emmel; Technology & IP Transactions partner Charan Sandhu; Tax partner Mark Schwed; Private Equity Executive Compensation & Benefits Head Michael Nissan; Cybersecurity, Data Privacy & Information Management Co-Head Randi Singer; Environmental Head Annemargaret Connolly; Capital Markets counsel Barbra Broudy; Executive Compensation & Benefits counsel Steven Margolis; Antitrust counsel Vadim Brusser; Regulatory counsel John O’Loughlin; Banking & Finance associate Anna McEwen (Not Yet Admitted in New York); Technology & IP Transactions associates Mary Lentowski and Stephanie Onyekwere; Tax associate Emily Cusick (Not Yet Admitted in New York); Executive Compensation & Benefits associate Daphney Francois; Cybersecurity, Data Privacy & Information Management associate Eliza Cotter; and Antitrust associate Jonathan Cheng.

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