The radiology world is reacting to GE HealthCare’s blockbuster plans to purchase cloud software provider Intelerad. Meanwhile, London-based private equity firm Hg is touting its successful exit from owning Intelerad about five years after buying a majority stake. The investment group was estimated to have poured about $500 million into Intelerad in January 2020, with unconfirmed sources placing the total value at $650 million (Hg said it partnered with Ardan Equity on the original deal). Fast forward to today and that figure has more than tripled, with GEHC paying approximately $2.3 billion in cash.
Read the full article: Radiology World Reacts to GE Healthcare’s Blockbuster $2B Deal to Buy Intelerad //
Source: https://radiologybusiness.com/topics/healthcare-management/mergers-and-acquisitions/radiology-world-reacts-ge-healthcares-blockbuster-2b-deal-buy-intelerad