We represented Radiology Alliance, PC in its acquisition by MEDNAX (NYSE: MD). This was a cash and equity transaction and it is expected to be immediately accretive to earnings. No additional terms of the transaction were disclosed.
Founded in 2001, Radiology Alliance, PC is the largest private practice radiology group in Tennessee. Comprised of 64 physicians and 6 clinical support staff, the practice provides diagnostic radiology, interventional radiology, women's imaging, and nuclear medicine services.
MEDNAX, Inc. (NYSE: MD) is a national health solutions partner comprised of the nation's leading providers of physician services.
This transaction was one of six separate deals involving Bass, Berry & Sims that was recognized as a Finalist for the 16th Annual M&A Advisor Awards in the categories of
- Healthcare and Life Sciences Deal of the Year (under $100MM)
- Corporate/Strategic Deal of the Year (from $50MM-$100MM)