From the August 2022 issue of HealthCare Business News magazine
TTG offers solutions for SPECT, SPECT/CT, PET, CT and PET/CT. Among its radiopharmaceutical solutions are cardiac imaging agents, custom-compounded iodine therapy and a complete line of products used in general imaging. For cardiac imaging, it offers turnkey nuclear, echo and vascular testing programs that provide an outsourced model to aid physician practices and health systems.
TTG also provides upgrades for nuclear medicine and molecular imaging equipment, equipment relocations, on-site training and continuous clinical applications support, and third-party sales, repair, refurbishment and installation services for medical imaging devices.
Sentinel, meanwhile, has extensive experience in third-party equipment sales and service in a variety of end-markets, both in and outside of healthcare. The company has invested in a number of third-party companies, including New Era Technology for IT solutions, Mobile Communications America for networked communications, and UBEO for document management.
Since its founding 2004, TTG has acquired nine companies that have expanded its geographic coverage and added on new technical capabilities. This includes Southwestern Imaging Systems & Services (SWISS), a medical imaging equipment, parts, and service company that specializes in gamma camera and PET equipment sales, service, and turnkey services. It acquired the company, based in Houston, in November 2020.
It also recently acquired Medical Imaging Technologies in Ohio, which brought to it a robust customer base in the Midwest, along with a strong group of field service engineers. As part of this deal, TTG also shook up its executive leadership to further drive growth in the company.
"The TTG team has developed an impressive growth playbook, and we are thrilled to provide them the capital and support to significantly expand the business. We look forward to working with TTG's talented team as they enter their next chapter of growth,” said Paul Murphy, a Sentinel partner, in a statement.
Financial details for the deal were not disclosed.
Agiliti to acquire Sizewise Rentals for $230 million
Healthcare service provider Agiliti announced plans to acquire Sizewise Rentals, a manufacturer of specialty hospital beds, for $230 million in an all-cash, stock purchase transaction last September.
The addition of Sizewise, which also manufactures therapeutic surfaces and mobility equipment for enhanced healing and better caregiver satisfaction, is expected to help Agiliti address a number of needs in the growing specialty equipment services market with its products and operational capabilities.
