Market CompetitionWith THL owning 72% of outstanding shares, a superior competing bid for AGTI is considered unlikely to emerge.
Operational ChallengesAGTI is normalizing to pre-COVID levels while also implementing a CEO change, indicating potential operational challenges ahead.
Stock Rating DowngradeAGTI downgraded to Hold from Buy after an agreement with its majority shareholder, THL Partners, to purchase all outstanding shares.