What Agiliti does

Agiliti is a privately held firm headquartered in Saint Paul, Minnesota, founded in 1999, operating in the medical equipment rental and leasing market. Public source materials depict the company as a hosting, managed IT, and professional services operation with a 51–100 employee footprint, but the substantive market context associated with the Agiliti brand places it in the medical equipment rental vertical, addressing healthcare providers and home healthcare services. The firm navigates a fragmented competitive landscape — over 150 global and regional players — serving a global medical equipment rental market valued at $59.9B–$62.2B in 2026 and projected to reach $85.4B–$86.9B by 2033–2035 at roughly 6.9% CAGR, with North America holding approximately 38% of global share.

Agiliti's core offering is flexible rental and leasing of medical equipment — including high-capex items such as CT scanners priced at $500K–$2M — to hospitals, clinics, and home healthcare providers. The value proposition targets three pain points: hospital budget constraints, the high capital outlay associated with diagnostic and therapeutic equipment, and the need for technology currency as equipment generations evolve. Quantified outcomes cited in market research include a reduction in upfront capital expenditure of up to 80%, a 10–15% improvement in liquidity, and an average 70% reduction in upfront costs for home-care equipment. The market backdrop is favorable: 46% of U.S. hospitals used rental services in 2024, and 68% of healthcare providers operate under constrained capital budgets, creating a large addressable demand pool.

The revenue model is rental- and lease-based, with emphasis on flexible terms versus capital purchase. The go-to-market is vertical, segmented into healthcare providers (primary) and home healthcare services (primary). Investor history shows two funding rounds — a $16M Series 2 in February 2000 led by Norwest Equity Partners with Affinity Capital Management, Delphi Ventures, and The Rahn Group, and a $2M Series 3 in December 2002 — but no recent equity, M&A, or partnership activity is documented in the source data. The company has not been publicly traded, and no current ownership structure, executive team, or operational geographies are disclosed, leaving a meaningful data gap on organizational and financial specifics.

Name

Agiliti

Website

https://agiliti.com

Company type

Private

Founded year

1999

Headcount range

51–100 employees

Short description

Agiliti operates in the medical equipment rental and leasing market, serving healthcare providers and home healthcare services with flexible rental models that reduce upfront capital expenditure. The company addresses hospital budget constraints and high equipment costs.

Ownership category

akta.pro rank

Product category

Managed IT Services

NAICS

Administrative and Support Services (561)

SIC

Services-Equipment Rental & Leasing, Nec (7359)

akta.pro primary industry

IT Asset Lifecycle Services (Procure-to-Retire) (BPAEAOAF)

akta.pro secondary industry

Vendor/Subcontractor & SLA Management (BPABAAAJ)

Keywords

• Managed IT services
• IT hosting services
• Professional IT services
• Outsourced IT support
• Technology infrastructure management

Headquarters

HQ city

Saint Paul

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Core offering

Agiliti operates as a hosting, managed IT, and professional services firm, providing outsourced technology infrastructure, day-to-day IT management, and professional services engagements to business clients. The firm's value is built on running and supporting client technology environments rather than reselling third-party software. Specific service tiers, SLAs, or proprietary platforms are not documented in the provided sources.

Differentiator

Problem solved

Functional benefit

Products and services

• Hosting Services
• Managed IT Services
• Professional Services

Quantifiable outcome

• Reduces upfront capital expenditure by up to 80%
• +3 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators7 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Avante Health Solutions: Avante Health Solutions delivers medical equipment rental, sales, and lifecycle services to hospitals, ambulatory surgery centers, and other providers, overlapping Agiliti's equipment-management and rental offering.
• MFI Medical: MFI Medical supplies new and refurbished medical equipment with rental and financing options to healthcare facilities, making it a comparable equipment-rental-and-leasing operator in the same provider market.
• Direct Medical Imaging: Direct Medical Imaging provides mobile and rental imaging equipment (MRI, CT, PET) to hospitals and clinics, directly competing in the high-value diagnostic imaging rental segment that anchors the medical equipment rental market.
• Block Imaging: Block Imaging specializes in refurbished and rental imaging equipment (MRI, CT), a high-value subset of the medical equipment rental market that Agiliti also addresses and where CT scanner cost is a primary demand driver.
• Med One Group: Med One Group offers medical equipment rental, leasing, and sales to hospitals and home-care providers, sharing Agiliti's dual Healthcare Providers / Home Healthcare segmentation and capex-alternative value proposition.
• Soma Tech INTL: Soma Tech INTL provides medical equipment sales, rental, and leasing to hospitals and surgery centers, directly overlapping Agiliti's equipment-rental value proposition and target verticals.
• US Med-Equip: US Med-Equip rents and manages movable medical equipment for hospitals and health systems, directly competing with Agiliti in the same acute-care rental channel and serving the same Healthcare Providers customer segment.

Broad incumbents

• Owens & Minor: Owens & Minor is a large healthcare logistics and medical product distributor serving hospitals and home-health providers, adjacent to Agiliti's customer base with overlapping channel relationships but a different core business model.
• Getinge: Getinge is a global medical technology company offering capital equipment, service, and some rental/financing programs to hospitals, competing with Agiliti as a broad incumbent in the same provider base but with a wider product portfolio.
• Baxter International (Hill-Rom): Baxter, via the Hill-Rom acquisition, is a large medical device and hospital-bed/capital equipment manufacturer with adjacent rental and service programs; it competes broadly in hospital equipment but does not specialize in the rental niche Agiliti occupies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agiliti