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Agiliti , Inc. Announces Tom Leonard as CEO

Posted: March 23, 2015

MINNEAPOLIS

Agiliti , Inc. (UHS), a leading provider of health
care technology management and service solutions, announced today that
Thomas J. Leonard has been appointed as its Chief Executive Officer and
a member of its Board of Directors effective April 13, 2015.

“Agiliti is at the forefront of a changing health care landscape, and we
believe that Tom will bring the leadership and strategic vision needed
to continue to develop innovative solutions that meet the needs of our
customers,” said John Workman, Interim Executive Chairman of the Board
of Directors. “The Board looks forward to working with Tom as he brings
a wealth of diverse health care experience and passion for developing
high-performing teams that we believe will enhance UHS’ forward
momentum.”

Mr. Leonard most recently served as the President of Medical Systems for
CareFusion Corporation, where he led the $2.4B revenue global medical
device segment, which includes Alaris® infusion pumps, Pyxis®
automated dispensing and patient identification systems, and AVEA®
and LTV® series ventilators and respiratory diagnostics
products. Prior to joining CareFusion in 2008, Mr. Leonard served as the
Senior Vice President and General Manager of Ambulatory Solutions for
McKesson Provider Technologies, and prior to that, Executive Vice
President of Operations for Picis, Inc.

“It is a fantastic opportunity to join a company with a leading
portfolio of innovative solutions that fulfill the most basic needs of
our customers – to increase efficiencies and improve patient outcomes,”
said Mr. Leonard. “I have been very impressed in my early discussions
with the Board and management team. We have a clear path to creating
exponentially greater value for our customers, our employees and our
shareholders, and I am energized about the future at UHS.”

Robert Juneja, Agiliti Director and Senior Advisor to Irving Place Capital,
a middle market private equity firm and UHS’ largest investor,
commented, “The Board has been working to identify a leader who can
build on UHS’ success and capitalize on the opportunities that lie
ahead. We are confident that Tom will be able to hit the ground running
and help Agiliti drive growth and create value in the years to come.”

Mr. Leonard has over 15 years of experience as a senior executive in the
health care industry. He holds a Bachelor of Science degree in
Engineering from the United States Naval Academy and an MBA from the
S.C. Johnson Graduate School of Management at Cornell University.

About Agiliti , Inc.

Agiliti , Inc. is a leading nationwide provider of
health care technology management and service solutions to the health
care industry. Agiliti owns or manages over 700,000 units of medical
equipment for over 7,000 national, regional and local acute care
hospitals and alternate site providers in all 50 states. For more than
75 years, Agiliti has delivered management and service solutions that help
clients reduce costs, increase operating efficiencies, improve caregiver
satisfaction and support optimal patient outcomes. More information
about Agiliti is available at www.agilitihealth.com.

About Irving Place Capital

Irving Place Capital is a middle-market private equity firm that invests
in buyouts, recapitalizations, and growth capital opportunities. The
firm focuses on making control or entrepreneur-driven investments in
companies where it can apply its substantial operating and strategic
resources and expertise to enhance value. Since its formation in 1997,
Irving Place Capital has been an investor in more than 60 companies and
has raised over $4 billion of equity capital. More information about
Irving Place Capital is available at www.irvingplacecapital.com.

Contact:

Agiliti , Inc.
James Pekarek, 952-607-3054
Executive Vice President and Chief Financial Officer