Jul 1, 2026 – 7.06pmTwo of Australia’s biggest radiology players, Infratil’s QScan and Allegro Funds’ Perth Radiological Clinic, are scanning for new owners. And Street Talk’s got the skinny on who’s looking at what.Sources said Mike Murphy-led Bain Capital submitted a revised non-binding indicative bid to QScan’s sell-side adviser UBS last week. It is advised by Bank of America, and knows a thing or two about the sector after weighing a purchase of the $3.4 billion I-MED.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Bids land for Infratil, Allegro’s radiology bets
Pacific Equity Partners’ deal makers have bid for both QScan and Perth Radiological Clinical. But they like one asset more than the other.
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