Aug 31, 2026 – 9.00amAdvent Partners’ Imaging Associates and doctor-owned Radiology SA have raised $360 million for a special-purpose fund, clearing the way to finalise their $700 million merger and the formation of a top-five radiology sector player dubbed Radia.The merger, due to complete on Monday, will put Radia in a position to grow its radiology platform and consolidate the sector through acquisitions of individual clinics and small radiology groups. It will also go head-to-head with American imaging giant Radiology Partners for the teleradiology market, which last week acquired Everlight Radiology for around $1 billion.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Advent, doctors seal $700m radiology merger with $360m raising
The merger of Imaging Associates and Radiology SA will see the formation of a top-five radiology sector player dubbed Radia.
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