Brain Frickey, Sizewise CEO, released the following statement today on the sale of Sizewise to Minneapolis-based company Agiliti.
The companies jointly announced the pending sale in press releases Tuesday.
Yes, Agiliti has announced its intent to purchase Sizewise with an expected closing time of early in the fourth quarter of this year. We take very seriously the fact that we are a major employer in western Kansas and we wish we had more detail to share at this stage. We expect to be able to offer more color after we close the transaction and begin the work of combining our companies.
But let me be clear, we view this change as an opportunity – both companies are on a strong growth path, and we think together the possibilities are limitless. They do not have a manufacturing presence as we do, and they will now have access to our products and innovation. We view this as a complementary transaction that offers potential for future growth. For now, our employees across the nation are staying focused on the job in front of them. For our customers and for all our teams, it is business as usual.
The Agiliti team is a lot like Sizewise, and its predecessor — Wheelchairs of Kansas – down to earth, enthusiastic about serving patients and customers, and focused on growth and development for employees. Sizewise has spent the past 25 years engineering, manufacturing, and selling products and service solutions that drive value for our healthcare partners. We’re pleased to put that history and experience to work for Agiliti as the combined company continues to be an invaluable source of equipment solutions for caregivers and patients alike.
— Brian Frickey, Sizewise Chief Executive Officer