Announced
Financials
Sources
Tags
Pending
Friendly
Majority
Single Bidder
New Zealand
radiology
Health Care Services
Acquisition
Domestic
Private
Synopsis
Infratil, a New Zealand-based infrastructure investment company, and Pacific Radiology Group, a provider of specialist radiology imaging, diagnostic and interventional services, agreed to acquire Auckland Radiology, a specialist radiology branch. Financial terms were not disclosed. “Inorganic growth was a key pillar of the investment thesis for Infratil’s acquisition of Pacific Radiology, and we are pleased to see that thesis demonstrated early on in our ownership journey with the addition of an outstanding practice like Auckland Radiology. Pre-synergies, the acquisition is return accretive to the Pacific Radiology investment case.Alongside Infratil’s investments in Pacific Radiology and Qscan Group, a leading diagnostic imaging business in Australia, we are continuing to build a meaningful Australasian healthcare platform,” Jason Boyes, Infratil CEO.
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