"Through the use of proprietary technologies, including a vendor-neutral remote monitoring capability, unique repair capabilities, and deployment of our national network of highly-experienced field service engineers, our combined company will help customers reduce their service costs and enhance service quality levels," added Christopher Cone, President and Chief Operating Officer. "By providing an enhanced service offering across multiple modalities, including ultrasound, mammography, CT, MRI and patient physiological monitoring, customers can consolidate their service needs to one best-in-class imaging solutions provider."
About Medical Imaging Holdings, Inc.
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Medical Imaging Holdings, Inc. is a private holding company formed by Galen Partners, a leading healthcare private equity firm, to execute a consolidation of high-potential, technology-enabled companies and assets in the medical imaging market. Through its initial acquisitions and subsequent investment, Medical Imaging Holdings seeks to provide comprehensive imaging solutions to its operating company customers and build the pre-eminent third party service provider for medical imaging equipment across multiple modalities and vendor platforms. The company is headquartered in Golden, Colorado.
About Galen Partners
Galen Partners is a leading healthcare private equity firm based in Stamford, CT. The firm focuses on growth equity investments in healthcare technology enabled services, medical devices and specialty pharmaceutical companies. With nearly $1 billion under management raised through five funds, Galen has invested in more than 70 companies since 1990. The partnership seeks opportunities to actively participate as a lead investor in which it can provide between $10 million to $30 million of growth equity capital in healthcare related companies with established revenue. The firm continues a tradition of strategic collaboration and partnership with its portfolio company management teams to build healthcare market leaders. For more information, please visit Galen's website at www.galen.com.
About Echoserve, Inc.
Echoserve, Inc., based in Golden, Colorado, provides equipment, service and parts sales and repair to hospitals, imaging center, clinics, service organizations and equipment dealers in the physiological monitoring and medical imaging markets, with a primary focus on the ultrasound and mammography modalities. Echoserve is ISO 9001 and 13485 certified. For more information, visit www.echoserve.com.
