RDi (LDC-backed) Acquires MedDX and Shuttlepac

SDS Rx Acquires Medical Delivery Services (MDS)

June 24, 2020

Healthcare Services

SDS Rx, backed by HCI Equity Partners, acquired Medical Delivery Services (MDS) on June 23, 2020. The deal brings specialized radiopharmaceutical last-mile transport capabilities and broader geographic coverage (MDS operates in ~20 states) to SDS Rx; financial terms were not disclosed.

RDi Acquires Inicio Health

April 8, 2025

Healthcare Services

LDC-backed RDi has acquired Inicio Health, a UK-based provider of digital interoperability, automation and AI solutions for healthcare. The deal integrates Inicio Health's platforms (including +Cura, inicioAutomate, inicioPages and inicioHub) with RDi's self-sampling and home testing capabilities to create an end-to-end digital diagnostics and screening pathway.

HCI-Backed SDS Rx Acquires Mission Critical Delivery Solutions

December 1, 2021

Transportation

SDS Rx, a last-mile healthcare logistics platform backed by HCI Equity Partners, acquired Mission Critical Delivery Solutions, a non-asset-based logistics management company based in Bangor, Maine. Patriot Capital provided subordinated debt and an equity co-investment to support the add-on acquisition, which expands SDS Rx’s geographic coverage and route density in the long-term care pharmacy market.

LDC Acquires Medray Group from Erisbeg

July 29, 2024

Medical Devices

LDC, the private equity arm of Lloyds Banking Group, has invested in Medray Group, a provider of diagnostic imaging equipment and services, marking an exit for Irish PE investor Erisbeg. The deal (subject to CCPC approval) will see LDC back Medray's management to pursue growth through sales investment, complementary acquisitions and expansion into additional imaging modalities across the UK and Ireland.

DCN Dx Acquires Biomed Diagnostics

April 25, 2022

Medical Devices

DCN Dx has completed its acquisition of Biomed Diagnostics, Inc., a microbiological testing products company based in White City, Oregon. The deal expands DCN Dx's point-of-use testing and sampling capabilities across human, veterinary, food safety and environmental markets by adding Biomed's InPouch/InTray culture and transport product lines.

Medica Group PLC Acquires RadMD

March 22, 2021

Healthcare Services

Medica Group PLC has acquired RadMD, a Philadelphia-based Imaging Contract Research Organisation (iCRO). The acquisition gives Medica entry into the clinical trials market and diversifies its customer base and geographic operations, combining Medica’s teleradiology capabilities with RadMD’s imaging expertise and reader network.