Imaging services provider Alliance Imaging of Anaheim, CA, has acquired a mobile PET/CT firm based in Illinois.
Alliance acquired Medical Outsourcing Services of Naperville, which serves 90 clients in nine states: Illinois, Indiana, Iowa, Michigan, Missouri, New Jersey, Ohio, Pennsylvania, and Wisconsin. The company generates approximately $22 million in annual revenue.
Alliance said it paid $20 million in cash and assumed indebtedness in the deal.
Related Reading
Revenue up, profit down in Alliance's Q1, May 5, 2008
Alliance buys 6 radiosurgery sites, April 7, 2008
DRA hurts Alliance's 2007 revenue, February 22, 2008
Alliance closes $150 million in senior notes, December 6, 2007
Alliance buys 8 radiation therapy centers, November 6, 2007
Copyright © 2008 AuntMinnie.com