Announced
Financials
Sources
Tags
Private Equity
Friendly
Private
Australia
Pending
Cross Border
Medical Services
Single Bidder
Majority
medical diagnostics
Acquisition
Synopsis
Livingbridge, a mid-market private equity firm, agreed to acquire Everlight Radiology, a medical diagnostic imaging center, from Intermediate Capital Group, a private equity investment firm. Financial terms were not disclosed. All of Everlight’s management team is expected to remain with the business. While the deal will take some weeks to complete, Livingbridge is expected to back Everlight management’s plans to grow in existing and new markets.
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