Summary: Frazier Healthcare Partners has acquired DirectMed Imaging from NMS Capital, aiming to leverage its healthcare expertise to support DirectMed’s growth. This partnership will accelerate DirectMed’s initiatives in the aftermarket imaging parts and repairs market while expanding its expertise in imaging modalities.
Key Takeaways:
- Frazier’s acquisition of DirectMed will focus on accelerating growth through investment in people, capabilities, and acquisitions.
- The partnership strengthens DirectMed’s leadership position in the aftermarket imaging parts and repairs market.
Frazier Healthcare Partners, a Seattle-based healthcare-focused investment firm, announced that it has completed the acquisition of DirectMed Imaging, a provider of aftermarket parts and component repairs for diagnostic imaging equipment, from NMS Capital.
Leveraging Frazier’s Growth-Oriented Investment
The deal aims to leverage Frazier’s healthcare industry expertise and growth-oriented investment approach to further build DirectMed’s business as a solution provider in the aftermarket imaging parts and repairs market.
“Frazier is an ideal partner for DirectMed, and we are fortunate to be working with a firm that has 30 years of experience building companies,” said Brad de Koning, CEO of DirectMed. “We looked for a partner with deep healthcare experience and a proven ability to bring resources that will allow us to accelerate our growth initiatives and better serve our customers. This partnership marks the beginning of an exciting chapter for our organization.”
DirectMed’s Commitment to Expanding Expertise
DirectMed supports provider organizations by extending the life of medical imaging equipment, improving patient access, reducing waste, and lowering healthcare costs. The company will continue to invest in its people and capabilities through organic growth and acquisition while expanding its expertise in imaging modalities.
“Brad, Tanner, and the DirectMed leadership team have built a differentiated company in an increasingly important part of the healthcare ecosystem, and we are thrilled to have the opportunity to partner with them in the company’s next phase of growth,” said Kent Berkley, Partner at Frazier. “We look forward to supporting the DirectMed team’s vision with incremental capital and experienced resources, including several members of our Center of Excellence team, to accelerate growth and further solidify its leadership position in the market.”