As Bain Capital attempts to stare down Macquarie Asset Management in the final throes of a protracted $4 billion auction of radiology business I-MED, the smaller end of town is busy getting deals over the line and signed.
Street Talk can reveal Advent Partners, the Melbourne buyout firm that listed Integral Diagnostics on the Australian Securities Exchange in 2015, has scaled up its NSW/Victoria radiology group, Imaging Associates, with a significant bolt-on acquisition.
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