Radon Medical Imaging Acquires Alpha Imaging

Radon Medical Imaging Acquires Premier Imaging Medical Systems

January 24, 2023

Healthcare Services

Radon Medical Imaging has acquired Premier Imaging Medical Systems, a Rome, Georgia-based provider of maintenance, repair and sales of new, used and refurbished medical imaging and biomedical equipment. The deal — Radon's first add-on since its recapitalization by 5th Century Partners — expands Radon's service offerings and strengthens its presence across the southeastern United States.

5th Century Partners Acquires Radon Medical Imaging

December 2, 2022

Healthcare Services

5th Century Partners has acquired Radon Medical Imaging, a provider of medical imaging equipment service, sales, and distribution, with unitranche debt and a minority equity investment provided by Avante Capital Partners to support the transaction. The deal positions Radon as the platform for growth in medical imaging services and will leverage Avante’s flexible capital to support the company’s expansion.

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.

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.

Energy Fuels Acquires RadTran LLC

August 16, 2024

Biotechnology

Energy Fuels Inc. acquired RadTran LLC, a private specialist in radioisotope separation, to accelerate development and production of medical isotopes (notably Ra-226 and Ra-228) used in targeted alpha therapies for cancer. The deal (closed August 16, 2024) paid $1.5M cash, $1.5M in shares, a 2% royalty on future radium revenues and up to $14M in additional cash/shares tied to milestones; RadTran's CEO Saleem Drera joins Energy Fuels to lead radioisotope efforts.

Alpha / AXS Holding Company Acquires Alpha Imaging from Caymus Equity

June 1, 2020

Medical Devices

Alpha / AXS Holding Company, LLC — a vehicle formed by Alpha Imaging's founders (the Perrico family) — acquired Alpha Imaging, LLC from Caymus Equity Partners. The transaction closed on June 30, 2020, returning the company to founder control; Alpha Imaging is a Willoughby, Ohio-based provider of medical imaging equipment sales and service that expanded recurring-service contracts and product offerings during Caymus Equity's ownership.