Outpatient Imaging Affiliates acquired by Icv Partners
Context
ICV Partners has acquired Outpatient Imaging Affiliates (OIA) from its founder, Frank Kyle, and MedCare Investment Funds, a family office. This acquisition represents a platform investment for ICV in the outpatient imaging sector. The firm identified OIA as a well-positioned player due to its partnership-based model with hospital systems, operational expertise, and successful track record of integrating new imaging centers. Given the highly fragmented nature of the US outpatient imaging market, ICV saw this transaction as an opportunity to pursue an active external growth strategy while continuing to drive organic growth. The investor's goal was to accelerate OIA's geographic expansion, strengthen its presence with hospital systems, and broaden its network of imaging centers across the United States. The deal was also expected to enable the company to capitalize on shifts in the healthcare landscape, which are driving an increasing number of diagnostic exams to more efficient outpatient facilities rather than traditional hospitals.
Outpatient Imaging Affiliates, which reported an EBITDA margin of [members only] in 2018, is valued in this transaction at an EV/EBITDA multiple of [members only].
-> Deep-dive in Healthcare & Pharma market trends
Target
Outpatient Imaging Affiliates is a leading provider of outpatient diagnostic imaging services in the United States, founded in 2000 and headquartered in Franklin, Tennessee. The company operates 60 outpatient centers in 19 markets and 18 states, and has established long-term partnerships with health systems, academic medical centers, and radiology groups to develop, market, and operate patient-friendly outpatient imaging centers. Outpatient Imaging Affiliates invests equity in each project alongside its local partners, while providing development, management, marketing, billing, and collection services to the joint venture, with a focus on effective execution, patient retention, and improved earnings for its health system partners.
Ent. Value
[members only]
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (USD)
Other operations with Outpatient Imaging Affiliates
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2021 | THE CRANEMERE GROUP | OUTPATIENT IMAGING AFFILIATES | UNITED STATES | Radiology |
Similar deals in Health Providers
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 11/2018 | DENTALPRO | CLINIODENT | SWITZERLAND | Dental Centers |
| 04/2018 | INVESTINDUSTRIAL | LIFEBRAIN | ITALY | Labs (Biology) |
| 03/2018 | THE ADOLFSEN GROUP | FRÖSUNDA | SWEDEN | Healthcare Facilities |
| 01/2018 | PERMIRA | I-MED RADIOLOGY NETWORK | AUSTRALIA | Radiology |
| 06/2017 | ICG / MANAGEMENT & PRIVATE INVESTORS | DOMUSVI | FRANCE | Nursing Homes |
| 05/2017 | BC PARTNERS | DENTALPRO | ITALY | Dental Centers |
| 04/2017 | EQT PARTNERS | COLISÉE | FRANCE | Nursing Homes |
| 01/2017 | PARTNERS GROUP / PSP INVESTMENTS | CERBA HEALTHCARE | FRANCE | Labs (Biology) |
| 01/2017 | MARS | VCA | UNITED STATES | Vet Clinics |
| 10/2016 | DOMUSVI | SARQUAVITAE | SPAIN | Nursing Homes |
REFERENCES
Revenue range: REV 1m USD - 100m USD
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Outpatient Imaging Affiliates by Icv 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.
Target: outpatient imaging affiliates
FAQ
What transaction does this page cover?
What sources support the information on this transaction?
What is mynth?