Private equity firm buys IMRIS

West Palm Beach, FL-based private equity firm Grovecourt Capital Partners has acquired intraoperative MRI technology developer IMRIS Imaging. Terms were not disclosed.

Founded in Chaska, MN, in 2005, IMRIS designs, manufactures, and services proprietary intraoperative MRI suites used by hospitals and cancer centers worldwide. IMRIS developed a movable MRI that operates on a ceiling-mounted rail system so that it can glide between a diagnostic room and operating room, Grovecourt noted. The scanner enables patients to remain in a sterile surgical position for intraoperative imaging during neurosurgery and other procedures, the firm added.

The acquisition will help IMRIS develop intraoperative MRI imaging in emerging applications, such as laser ablation and high-intensity focused ultrasound procedures, an IMRIS official said.