DirectMed Imaging acquires Richardson Healthcare
The parts, training and support company DirectMed Imaging of San Diego is acquiring a majority of assets owned by Richardson Healthcare in LaFox, Ill.
Private equity-backed DirectMed says the move will allow it to grow its expertise in replacement parts for imaging equipment manufactured by Canon/Toshiba.
DirectMed also expects to enter the market for training biomedical equipment technicians on maintaining and repairing MRI and CT equipment.
Further, the acquisition will make DirectMed the exclusive global distributor for Richardson Electronics-repaired Siemens Straton Z, MX and MXP CT X-ray tubes.
Additionally, DirectMed will now be the exclusive global distributor for the ALTA750 and ALTA 750G CT X-ray tubes.
“Richardson Healthcare has built an impressive CT X-ray tube, training and parts business,” Brad de Koning, DirectMed Imaging CEO, says in an announcement. “We are excited to have their expertise, solutions and inventory under our roof and to strengthen our Canon/Toshiba aftermarket parts offerings.”
Richardson president and CEO Edward J. Richardson says the deal is “aligned with our strategic priorities by reallocating assets to support our fast-growing Green Energy Solutions business. We look forward to an ongoing partnership with DirectMed, which we believe is a win-win for both companies.”
DirectMed is backed by the equity firm Frazier Healthcare Partners. Richardson Electronics’s common stock trades on the NASDAQ Global Select Market.