From the August 2022 issue of HealthCare Business News magazine

A year later, it acquired Medical Systems Technologies, LLC, a specialist in MR and CT component level repair and testing. The company provided subassemblies, circuit boards and subsystems for medical imaging equipment. The deal gave DirectMed additional key component repair capabilities and quality metrics.

“For MR, CT and PET/CT systems made by GE, Siemens, Philips and Toshiba, our company now has the ability to perform component-level repairs for these additional high-failure parts: RF and gradient amplifiers, power supplies and support electronics,” said LoRusso at the time.


DirectMed is a portfolio company of NMS Capital, which acquires and grows companies with particular concentrations in business and healthcare services. “Since we partnered with the DirectMed team in June 2021, one of our primary areas of focus has been expanding our geographic coverage,” said David Peterson, managing director at NMS. “Providers around the world are looking for cost-effective solutions to acquire and maintain equipment as they continue to grow their practice. The combination of DirectMed and LBN supports that exact need in the marketplace.”

NMS provided financial and operational support for the trans-Atlantic acquisition.

Financial details were not disclosed.

Sentinel Capital acquires TTG Imaging Solutions
In December, private equity firm Sentinel Capital acquired TTG Imaging Solutions, provider of nuclear medicine and molecular imaging solutions for cardiology and oncology patients.

As part of the deal, Sentinel will provide capital to help TTG expand its business. In exchange, ownership of TTG’s maintenance and repair services, clinical staffing and radiopharmaceuticals will fall under Sentinel, along with three equipment repair centers and three radiopharmacies operated by TTG for providers across 46 states.

“TTG, since March of 2019, has been executing on a strategy of bringing together organizations involved in all aspects of diagnostic and molecular imaging who share a common thread of customer centric service. Additionally, we have been effectively expanding through strategic hiring in certain regions of the country. Sentinel agrees with the vision that our management team has been executing on and has the financial capital and expertise to support us in that journey,” Matt Mastarone, president and CEO of TTG, told HCB News.

With Sentinel’s financial backing, TTG will continue to expand its footprint and reach among various modalities in the markets it serves through both organic and inorganic growth. It says the acquisition will not affect its employees or customers.

August 2022 Magazine

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