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Announced

Allegro Funds invested in Perth Radiological Center.

Financials

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Health Care Facilities

Private Equity

medical clinics

Acquisition

Australia

Private

Minority

Synopsis

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Private equity firm Allegro Funds invested in Perth Radiological Center, Western Australia’s largest diagnostic imaging provider. Financial terms were not disclosed. PRC Chairman, Dr Martin Blake, said, “The existing Allegro relationship combined with a unique doctor ownership model and the calibre of the major institutional co-investors were the factors that resulted in us selecting Allegro as our partner for the next stage of growth and transformation. We are excited to be working with the Allegro team to drive the next phase of transformation with a partner who understands our business and the opportunities available and where there is complete alignment of interest. We are privileged to provide services in Perth and we look forward to extending our service offerings.”

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