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Announced

Completed

Hg Capital-backed Intelerad Medical Systems completed the acquisition of Radius.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Single Bidder

United States

Software

Majority

Friendly

Private

cloud software

Acquisition

Completed

Synopsis

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Hg Capital-backed Intelerad Medical Systems, a provider of enterprise workflow solutions, completed the acquisition of Radius, a private cloud platform provider based in Nashville. Financial terms were not disclosed. "The combination of our two organizations creates a major step forward in improving radiology delivery and patient care in our industry. By joining Intelerad, we unify our mission to deliver maximum productivity, reduce complexity, and produce better outcomes for all," Ken Nelson, Radius CEO.

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