Radiology Group Expands Operations Nationwide
Key Facts
- Client is one of the largest radiology group practices in the United States
- Client is also financially backed by one of the world’s largest and most active private equity firms
- Firm has served as lead transaction counsel for the client since its inception in April 2013
The Situation
We have represented the client in its acquisitions of large-scale radiology practices nationwide, including the recent acquisitions of radiology groups in Texas, Arizona, California, and Louisiana. In addition, since May 2017, Mintz has led debt and equity refinancings of the client totaling in excess of $1 billion in capital that has enabled the client to continue to grow its operations in existing and new markets.
The Approach
Our work included handling all corporate, health care, and regulatory aspects of these transactions, including advice on deal structuring, assistance with due diligence, and negotiation and execution of the acquisitions and financings.
The Outcome
From February 2017 to February 2018, the client has expanded its footprint from 9 to 14 states, and from 241 sites to 545 sites.
Supporting Professionals
Deb Daccord, a Health Law Practice Member, is the lead attorney on these matters. Other Health Law attorneys assisted with these matters along with corporate, employment, litigation, insurance, real estate, tax, and antitrust attorneys.