Hg Acquires Intelerad Medical Systems
January 23, 2020
Hg, through its Genesis 8 Fund, has agreed to acquire Intelerad Medical Systems from Novacap's TMT IV Fund, with Intelerad founders, management and employee shareholders reinvesting alongside Hg. The investment will support Intelerad's growth and innovation in enterprise medical imaging software and workflow solutions, building on the company's ~400+ employee global platform serving hospitals, radiology groups and imaging centers.
- Buyers
- Hg
- Targets
- Intelerad Medical Systems
- Sellers
- Novacap (TMT IV Fund), Founders, management and employee shareholders
- Industry
- Healthcare Services
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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