Mednax Radiology Solutions acquired by Radiology Partners
Context
Radiology Partners has completed the acquisition of MEDNAX Radiology Solutions, bringing together two major players in the US radiology market to form a network of over 2,400 radiologists. This strategic move aims to enhance the combined entity's clinical capabilities, expand geographic coverage, and increase access to subspecialty expertise for partner healthcare institutions. The merger is also expected to facilitate the development of large-scale clinical programs and bolster investments in imaging technologies, digital solutions, and tools designed to improve the quality and efficiency of radiology services. Both organizations share a common goal of driving innovation in medical imaging and strengthening the role of radiology in patient care pathways. For Radiology Partners, this acquisition is part of a growth strategy focused on building a national platform to address the growing needs of healthcare systems for medical image interpretation. The integration of MEDNAX Radiology Solutions' teams is expected to leverage resources, broaden available expertise, and support the development of new clinical service models across the United States.
Mednax Radiology Solutions, which reported an EBITDA margin of [members only] in 2020, is valued in this transaction at an EV/EBITDA multiple of 5x–12x.
-> Deep-dive in Healthcare & Pharma market trends
Target
MEDNAX Radiology Solutions is a leading US provider of specialized medical services. The business comprises a vast network of radiologists and medical imaging professionals serving hospitals, imaging centers, and other healthcare facilities across the United States. The division offers a comprehensive range of services spanning the full spectrum of diagnostic and interventional radiology, including image interpretation, teleradiology services, and subspecialty expertise. Its organizational structure enables seamless coverage of medical imaging needs while maintaining high clinical quality standards. MEDNAX Radiology Solutions also leverages the expertise of its parent company in managing specialized medical networks. The business relies on standardized clinical protocols, ongoing quality improvement initiatives, and technological tools designed to enhance the operational performance of radiology services. With its national network of practitioners and expertise in multiple imaging specialties, the division holds a significant position in the US radiology market. Its services play a critical role in providing essential diagnostic, therapeutic, and clinical decision-making support to numerous healthcare facilities.
Ent. Value
€500M–1.5bn
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
5x–12x
EV / EBIT
[members only]
Historical Financials (EUR)
Similar deals in Health Providers
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 03/2021 | EQT PARTNERS | CERBA HEALTHCARE | FRANCE | Labs (Biology) |
| 02/2021 | SILVER LAKE / NESTLE | IVC EVIDENSIA | UNITED KINGDOM | Vet Clinics |
| 12/2020 | FRESENIUS | EUGIN GROUP | SPAIN | Outpatient Care |
| 12/2020 | ANTIN INFRASTRUCTURE | HIPPOCRATES (LAF - LA FARMACIA) | ITALY | Pharmacy |
| 12/2020 | MEDIAN KLINIKEN | PRIORY GROUP | UNITED KINGDOM | Clinics / Hospitals |
| 11/2020 | DWS GROUP | MEDIPASS | ITALY | Radiology |
| 11/2020 | APHEON | VIDACURA | GERMANY | Nursing Homes |
| 11/2020 | MEDICA GROUP | GLOBAL DIAGNOSTICS | IRELAND | Radiology |
| 11/2020 | L CATTERTON | ALLIANCE ANIMAL HEALTH | UNITED STATES | Vet Clinics |
| 11/2020 | ARDIAN | INOVIE GROUP | FRANCE | Labs (Biology) |
REFERENCES
Valuation range: EV €500M–1.5bn
EBITDA range: €50–100M
EV/EBITDA range: 5x - 12x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Mednax Radiology Solutions by Radiology Partners are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
FAQ
What transaction does this page cover?
How was the acquisition of Mednax Radiology Solutions by Radiology Partners valued, and what multiples were paid?
What was Mednax Radiology Solutions’s EBITDA at the time of the deal?
What sources support the information on this transaction?
What is mynth?