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Wellspring Capital-backed RAYUS Radiology acquires Diagnostic Centers of America

Press releases may be edited for formatting or style | October 13, 2021 Business Affairs

"Wellspring's support of our vision for growth has allowed us to successfully execute on multiple initiatives this year that have transformed the company for the benefit of our patients, physicians, hospital partners and communities across the country," said Tzoumakas.

Specific terms of the transaction are not being disclosed. Ziegler Healthcare Corporate Finance advised DCA in the transaction.

About RAYUS Radiology
RAYUS Radiology is the nation's leading subspecialty practice for advanced diagnostic and interventional radiology, with a network of imaging centers, hospital partnerships and short- and long- term hospital solutions. The organization, with more than 2,000 team members nationwide, is committed to delivering clinical excellence in communities across the United States, driven by its affiliated subspecialized radiologist network; compassionate, safe and cost-efficient care; and superior service to referring providers and patients. For more information, visit RAYUSradiology.com.

About Wellspring Capital Management
Wellspring Capital Management is a leading private equity firm headquartered in New York. Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds. In total, Wellspring's current portfolio companies employ nearly 60,000 people around the world and generated aggregate revenues in excess of approximately $4.5 billion in the last 12 months.

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