Radiology Partners Raises $720M Growth Equity and Completes Debt Refinancing
February 22, 2024
Radiology Partners closed approximately $720 million of growth equity from existing and new investors and completed an exchange offer and amendment to its credit facilities, extending debt maturities into 2028–2030. The transactions meaningfully reduced leverage and leave the practice with more than $500 million of cash and liquidity to fund expanded clinical services and investments in technology and AI.
- Buyers
- Existing and new investors (unnamed)
- Targets
- Radiology Partners
- Industry
- Healthcare Services
- Location
- California, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Radiology Partners to Acquire Everlight Radiology
August 25, 2026
Healthcare Services
Radiology Partners entered into a definitive agreement to acquire Everlight Radiology, an international teleradiology provider serving hospitals and imaging centers across the United Kingdom, Ireland, Australia, New Zealand and South Africa. The deal combines Everlight’s global radiologist network with Radiology Partners’ vRad platform to create a larger follow-the-sun teleradiology business, with technology and clinical standards shared across markets.
-
Kain Capital Invests in RadX Inc., Expanding Outpatient Radiology Platform
June 3, 2026
Healthcare Services
Kain Capital LLC announced the completion of its investment in RadX Inc., an owner and operator of 26 independent outpatient radiology centers across Florida, Michigan, Maryland, Georgia, Tennessee, and Alabama. The investment is intended to support continued clinic footprint expansion, talent recruitment, and further technology and patient experience initiatives.
-
Marlin Equity Partners Makes Majority Growth Investment in Radar Healthcare
November 8, 2024
Cloud & SaaS
Marlin Equity Partners has completed a majority growth investment in Radar Healthcare, a Leeds-based provider of risk, quality and compliance software for the healthcare and social care sectors. The company's co-founders and 24Haymarket will retain minority stakes; the capital will be used to accelerate product development and support international expansion.
-
Grovecourt Capital Partners Acquires Premier Radiology Services
June 13, 2023
Healthcare Services
Grovecourt Capital Partners, a West Palm Beach-based private equity firm, has acquired Premier Radiology Services, a Miami-based teleradiology provider. Capitala Group and Siguler Guff provided financing (Capitala also took a minority equity stake) to support the transaction; Grovecourt intends to support Premier's organic growth and strategic M&A to expand its teleradiology platform.
-
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.
-
Radiology Partners Acquires MEDNAX Radiology Solutions
December 16, 2020
Healthcare Services
Radiology Partners completed the acquisition of MEDNAX Radiology Solutions, a division of MEDNAX, Inc., in a transaction valued at approximately $885 million that closed December 15, 2020. The deal brings hundreds of MEDNAX radiologists and support staff into Radiology Partners, expanding clinical coverage, subspecialty capabilities and technology resources across the combined organization.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.