IBA Acquires Radcal Corporation

IBA Acquires ORA Group to Expand Nuclear Medicine Capabilities

December 19, 2025

Medical Devices

Ion Beam Applications S.A. (IBA) has acquired ORA Group (ORA - Optimized Radiochemical Applications SRL and OOC) to strengthen its leadership in nuclear medicine and radiochemistry. The cash-free, debt-free transaction (total consideration €15–20 million) is financed from IBA’s own funds and existing credit facilities and is immediately accretive to IBA Technologies’ revenue and EBITDA; ORA founder Vincent Tadino will continue with the combined business as CTO.

National Imaging Solutions Acquires DynaRad

May 10, 2021

Medical Devices

National Imaging Solutions, a Houston-based medical imaging equipment supplier, has acquired DynaRad, a long-standing U.S. manufacturer of portable x‑ray systems. The deal expands National Imaging Solutions’ product portfolio—adding DynaRad’s lightweight, nanotube-based mobile x‑ray devices—and aims to improve service response and product availability for hospitals, long‑term care facilities and field imaging use cases.

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.

I‑MED Radiology Acquires StatRad to Enter United States Market

July 2, 2024

Healthcare Services

I‑MED Radiology Network has acquired StatRad, a leading US teleradiology provider, enabling I‑MED to enter the United States and expand its global teleradiology capabilities. The deal combines I‑MED’s established teleradiology operations and AI initiatives with StatRad’s cloud-based platform and US radiologist network to scale remote radiology services for hospitals and clinics.

Radon Medical Imaging Acquires Tristate Biomedical Solutions

July 11, 2023

Healthcare Services

Radon Medical Imaging has acquired Tristate Biomedical Solutions (TBS), a Franklin, Ohio-based provider of new, used and refurbished imaging and biomedical equipment with strengths in C-Arms and X-Ray systems. The add-on deal expands Radon's biomedical and C-Arm capabilities and extends its geographic footprint across Ohio, Indiana, Kentucky and Louisiana; Tristate founder Tyler Thornberry will join Radon's leadership and remain a shareholder.

Calibre Scientific Acquires Dynalab Corp.

January 10, 2023

Manufacturing

Calibre Scientific has acquired Dynalab Corp., a Rochester, New York-based distributor and manufacturer of laboratory plastics, consumables, equipment and custom fabricated products. The deal marks Calibre Scientific's debut into the United States distribution market, expanding its product portfolio and North American distribution capabilities while creating cross-selling opportunities across its global platform.