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Announced

Wellspring Capital-backed RAYUS Radiology to acquire Diagnostic Centers Of America.

Synopsis

Wellspring Capital-backed RAYUS Radiology, a provider of diagnostic and interventional radiology, agreed to acquire Diagnostic Centers Of America, a diagnostic imaging facility. Financial terms are not disclosed. "Our acquisition of DCA was driven by our desire to partner with the Boca Radiology Group in this rapidly growing market in Florida to provide the highest-quality services to these growing communities. The team of highly skilled staff in South Florida will allow us to diversify our corporate support functions, bringing the best of RAYUS together with the best of DCA to execute on our national strategy while attracting team members across the country. The DCA team, together with BRG, built the highest-quality imaging centers with the leading radiologists in the market, and we are focused on continuing that legacy while accelerating growth in these markets and across Florida. Combining our national platform with DCA will create expanded research, access and cost-effective treatment for our patients," Kim Tzoumakas, RAYUS Radiology CEO.

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