AMERICAN SECURITIES takes majority stake in SIMONMED IMAGING

SimonMed Imaging has entered into a strategic partnership with American Securities, a leading US private equity firm, as part of a growth investment aimed at supporting the company's next phase of expansion. Following the transaction, American Securities has become a shareholder of SimonMed alongside the company's founder and CEO, Dr. John Simon, who retains a central role in the company's governance and strategic direction. This partnership comes at a time of significant growth in the US outpatient medical imaging market, driven by the increasing shift of diagnostic exams from hospitals to specialized centers offering lower-cost services. American Securities was attracted to SimonMed's unique positioning, which combines the operation of imaging centers with in-house radiologist interpretation, as well as its ability to offer competitive pricing. With this investment, SimonMed aims to accelerate its organic and inorganic growth by strengthening its presence in existing markets and pursuing expansion into new regions across the US. The capital injection will also enable the company to invest further in cutting-edge imaging equipment, artificial intelligence solutions for medical diagnosis, and enhanced patient experience initiatives.