...By acquiring Radiology Alliance, MEDNAX now has the capabilities to enter the onsite radiology marketplace. I expect we will see the company continue to build a strong national radiology group in the future.
Chicago, IL (PRWEB) June 14, 2017
Ziegler, a specialty investment bank, is pleased to announce that the firm’s work on behalf of Radiology Alliance in its acquisition by MEDNAX has been named a finalist for the 7th Annual Association for Corporate Growth (ACG) New York Champion’s Award in the Deal of the Year – Healthcare/Pharma category.
In partnership with The M&A Advisor, ACG New York presents the Champion’s Awards to recognize and honor individual dealmakers, transactions and leading middle-market firms that are driving growth within the greater New York metropolitan area. Winners will be announced at the Annual ACG New York Champion’s Awards Gala on Thursday, June 15 at the Metropolitan Club in New York.
Ziegler served as the exclusive financial advisor to Radiology Alliance, P.C., and Infinity Management, LLC, on their acquisition by MEDNAX which closed February 2017. Founded in 2001, Radiology Alliance is the largest, private radiology practice in Tennessee and the exclusive radiology provider for inpatient and outpatient services at HCA TriStar Health System’s Middle Tennessee hospitals. In 2005, Radiology Alliance expanded their back-office capabilities with the creation of Infinity Management, a comprehensive medical management platform.
“This acquisition was an important step for Radiology Alliance as it aligns them with both the nation’s largest provider of maternal-fetal, newborn, pediatric subspecialty and anesthesia physician services and the parent company of the leading teleradiology provider to hospitals and radiology practices in the United States,” said Andrew Colbert, managing director in Ziegler’s Corporate Finance practice. “By acquiring Radiology Alliance, MEDNAX now has the capabilities to enter the onsite radiology marketplace. I expect we will see the company continue to build a strong national radiology group in the future.”
ACG New York is the largest association of middle market deal making and corporate professionals in New York. A full list of 2017 Champion’s Awards finalists can be found here.
Ziegler is a privately held investment bank, capital markets, wealth management and proprietary investments firm, celebrating its 115th anniversary this year. Ziegler is ranked No. 1 in the country in healthcare/senior living underwriters by issuance and No. 4 by par amount (Thomson Reuters, 2016), and is ranked in the top 20 municipal underwriters in the country by volume (Bloomberg, 2016). Specializing in the healthcare, senior living, education and religion sectors, as well as general municipal and structured finance enables Ziegler to generate a positive impact on the communities it serves. Headquartered in Chicago with regional and branch offices throughout the United States, Ziegler provides its clients with capital raising, strategic advisory services, equity and fixed income sales & trading, wealth management and research. To learn more, visit http://www.ziegler.com.
Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.
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