Radon Medical Imaging acquires Alpha Imaging to expand reach and services
by
Gus Iversen, Editor in Chief | November 21, 2024
Business Affairs
Parts And Service
Radon Medical Imaging, based in Charleston, West Virginia, has acquired Alpha Imaging, a prominent distributor and servicer of medical imaging equipment headquartered in Willoughby, Ohio.
The acquisition will bolster Radon’s portfolio, broaden its geographic coverage, and integrate Alpha’s team into its operations.
Alpha Imaging, established in 1986, specializes in providing cardiovascular and interventional imaging labs, as well as digital radiographic and fluoroscopic systems. It is a distributor for vendors like Shimadzu Medical Systems, Konica Minolta Healthcare, and Del Medical. The company also serves as the national distributor for the Intelli-C radiographic/fluoroscopic system. Alpha operates across 13 states in the eastern U.S. and employs over 25 field service engineers.
“This transaction marks a natural progression for Radon as we continue to accelerate our growth and expand our capabilities,” said Anthony Border, CEO of Radon. “Alpha Imaging has built a stellar reputation over the last 30+ years, and we’re thrilled to welcome their impressive team to the Radon family.”
Michael Perrico, Alpha’s CEO, will join Radon’s leadership team, playing a key role in shaping the combined company’s strategy.
Radon, founded in 1976, has grown significantly in recent years, expanding from five to 24 states. It now boasts a workforce of over 200 employees, including 120 field service technicians. The company offers services across 10 medical imaging modalities, including MR, PET/CT, and vascular X-ray. Radon has been active in acquisitions, previously adding Premier Imaging Medical Systems in 2022 and Tristate Biomedical Solutions in 2023.
The acquisition of Alpha Imaging, finalized in October 2024, was supported by debt financing from Avante Capital Partners. Terms of the deal were not disclosed.
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