Twitter LinkedIn
    Friday, May 20
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Deals & Transactions»Pacific Equity Partners closing in on $344M purchase of global teleradiology firm Everlight
    Deals & Transactions

    Pacific Equity Partners closing in on $344M purchase of global teleradiology firm Everlight

    January 28, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    A private equity firm is consulting with Goldman Sachs bankers as it closes in on a $344 million (USD) purchase of global teleradiology firm Everlight, according to a report published Wednesday.

    Sydney, Australia-based Pacific Equity Partners has emerged as the frontrunner to buy the imaging group, leaping ahead of other suitors such as KKR (which owns Envision Healthcare). Around since 2006, Everlight Radiology employs a team of more than 200 specialists, reporting on more than 650,000 exams each year, with offices in the U.K., Australia, New Zealand and South Africa.

    The seller is Intermediate Capital Group, which is anchored in London and bought Everlight about three years ago, the Australian Financial Review reported. It previously attempted to unload the teleradiology firm through an auction prior to the pandemic, but the effort fell flat, the report noted.

    Everlight Radiology operates 15 care hubs across the world with a focus on after hours and emergency care. Along with the aforementioned offices, it also employs home-based radiologists in the United States, Canada and other parts of continental Europe, according to its website. The teleradiology firm logged some $23 million in annual earnings, the publication noted.

    Source: Radiology Business

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Acquisitions deals and transactions PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    AXA, Unilever, and Tikehau Capital team up to launch EUR1 billion impact fund to accelerate regenerative agriculture transition

    May 19, 2022

    Zolar closes €100m Series C led by EIP and GIC

    May 19, 2022

    Woodside shareholders approve BHP petroleum merger

    May 19, 2022

    AGIC Capital Acquires a Majority Stake in Grafotronic

    May 19, 2022

    Comments are closed.

    Other Articles

    Private equity sets sights on strengthening portfolios with 35 per cent jump in buy and build deals

    March 12, 2021

    TaylorMade Golf Is Sold to Korean Equity Firm Centroid

    May 11, 2021

    Wheelhouse Advisors secures additional investment to support growth plans

    June 22, 2021

    French company Worldline to sell TSS unit to Apollo in possible $2.6bn deal

    February 22, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2022 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?