American Securities to invest in SimonMed Imaging.

American Securities, a private equity firm, agreed to invest in SimonMed Imaging, one of the largest independent outpatient medical imaging providers and physician radiology practices in the United States. Financial terms were not disclosed. "Referring physicians and patients are increasingly looking for high quality imaging and radiology services that are affordable and performed in an outpatient setting. SimonMed has been an incredible growth story and we believe its focus on quality of care, technology, patient experience, and fair pricing positions it to be a long-term winner in its market," Ben Dickson, American Securities Managing Director.