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Agiliti Health
Agiliti Health operates as a single-family office for the McKennie family, structured around the wealth created by Agiliti, a medical equipment...
Agiliti Health
Agiliti Health operates as a single-family office for the McKennie family, structured around the wealth created by Agiliti, a medical equipment manufacturer and service provider founded by Thomas McKennie. The office was established after the McKennies' core operational business reached scale, transitioning from a passive holding entity to an active investment vehicle. The family's wealth origin lies in Agiliti's medical equipment and surgical support production, which manufactures support surfaces and maintenance solutions for healthcare facilities (per firm website). Strategy and deployment are centered on direct operating companies and buyout-style investments in healthcare services and medical equipment. The family office deploys capital across manufacturing, supply-chain logistics, and service contracts for medical equipment, with a geographic focus on the United States. Notable portfolio holdings include the Agiliti manufacturing and service arm itself, along with subsidiaries that produce support surface materials for patient beds. The office participates in buyouts and build-ups, using debt alongside equity to acquire and scale companies in the medical equipment service vertical. Scale and team size remain undisclosed. The office does not maintain a separate professional investment staff whose size is publicly known, and operates with a lean structure. No additional offices beyond Eden Prairie have been identified. There is no visible philanthropic foundation or separate vehicle associated with the family office. Agiliti Health's structural differentiator is its tight integration with the family's operating company. Unlike many family offices that diversify away from the founding business, this office remains concentrated on its own supply chain and adjacent medical-device markets, acting more like a holding company than a diversified portfolio. This gives the office unusual operational depth in a single sub-sector: medical equipment service and manufacturing.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Eden Prairie
Corporate office
Eden Prairie, MN, United States
Sector focus
Frequently asked questions
Who runs investment decisions at Agiliti Health?
The McKennie family, through Thomas McKennie, controls investment decisions. No external CIO or dedicated investment committee has been publicly identified (per firm website).
How does Agiliti Health source proprietary deal flow?
Deal flow primarily originates from Agiliti's core medical equipment service business, including supply-chain and manufacturing expansion opportunities. The office does not typically source third-party deals (per firm website).
Is Agiliti Health structured as a single family office or does it operate more like a venture firm?
It is a single-family office. Unlike venture firms, it does not raise external capital or invest in early-stage companies outside its operational realm (Altss estimate).
Does Agiliti Health participate in fund commitments or only direct deals?
The office appears to make only direct operating investments; no fund-of-funds, LP commitments, or secondary investments have been publicly disclosed (Altss estimate).
What investment stages does Agiliti Health typically target?
Target stage is growth-equity and buyout, focusing on established medical equipment companies and service providers. The office does not invest in early-stage startups (Altss estimate).
Where does the underlying wealth come from?
The wealth originates from Agiliti, the medical equipment manufacturing and service company founded by Thomas McKennie. The firm's website characterizes its business as medical device production and surgical support.
Does Agiliti Health maintain philanthropic structures, and how are they separated?
No separate philanthropic structure tied to Agiliti Health has been publicly identified. The McKennie family's charitable giving may be separate from the family office, but no information is available (Altss estimate).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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