Agiliti Inc., an essential service provider to the U.S. healthcare industry, has acquired Northfield Medical Inc., a nationwide provider of surgical equipment repair services, in a stock purchase transaction valued at $475M.

Northfield Medical provides service and repair of medical devices, specializing in the repair of endoscopes, surgical instruments and other operating room equipment. The company is headquartered near Detroit and operates a nationwide network of local, in-market repair centers and five centers of excellence.