RadNet to Acquire iCAD in $103 Million All-Stock Merger
April 21, 2025
RadNet, a provider of diagnostic imaging services and digital health solutions, has entered into a definitive merger agreement to acquire iCAD in an all-stock transaction valued at approximately $103 million. The deal is expected to close in the second or third quarter of 2025, subject to iCAD stockholder approval and customary closing conditions.
- Buyers
- RadNet
- Targets
- iCAD
- Industry
- Healthcare Services
- Location
- United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
RadNet (DeepHealth) Acquires CIMAR UK
November 11, 2025
Healthcare Services
RadNet, through its DeepHealth digital health subsidiary, acquired CIMAR UK, a cloud‑native medical image management provider. The acquisition will integrate CIMAR’s interoperability and cloud infrastructure into DeepHealth to expand AI‑powered imaging, reporting and screening capabilities across the UK and Europe.
-
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.
-
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.
-
Premier Radiology Services Acquires National Radiology Solutions (NRAD)
January 28, 2026
Healthcare Services
Premier Radiology Services has acquired National Radiology Solutions (NRAD) to expand its national teleradiology platform, broaden subspecialty coverage, and increase reading capacity. NRAD founder Robb Kolb and his team will join Premier to ensure continuity for customers and add operational, commercial, and clinical talent to the combined organization.
-
Intelerad Acquires PenRad Technologies, Inc.
August 16, 2022
Healthcare Services
Intelerad Medical Systems has acquired PenRad Technologies, Inc., a provider of breast imaging, lung screening and patient-tracking software, to expand its mammography and lung analytics capabilities and optimize radiologist workflows. The deal follows Intelerad’s recent investment from TA Associates and aims to integrate PenRad’s solutions into Intelerad’s enterprise imaging platform to meet rising oncology screening demand.
-
RadNet Acquires 75% Stake in Heart & Lung Imaging Limited (HLH)
November 1, 2022
Healthcare Services
RadNet, Inc. acquired a 75% controlling interest in London-based Heart & Lung Imaging Limited (HLH), a teleradiology network that provides lung cancer screening and cardiothoracic reporting services to the UK NHS. The deal deepens RadNet's population-health screening capabilities by combining HLH's NHS Targeted Lung Health Check (TLHC) footprint and expert radiologist network with RadNet's Aidence AI tools for lung nodule detection and screening workflow integration.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.