Medical Imaging acquires 3 Fla. centers

Medical Imaging Corp. has closed its acquisitions of Partners Imaging of Venice, Partners Imaging of Port Charlotte, and Partners Imaging of Naples, all located in Florida.

Medical Imaging Corp. purchased the membership interest in the three centers for an aggregate purchase price of $1.8 million. The centers had revenues of approximately $2.8 million in 2013.

Financing for the transaction was provided by Grenville Strategic Royalty by way of a $2 million royalty purchase in Medical Imaging Corp.

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