Global Medical Imaging LLC (GMI), based in Charlotte, NC, has been acquired by Jordan Industries International LLC, a private investment company based in Chicago. According to an announcement from GMI, the deal will provide the company with access to Jordan Industries’ permanent capital base, allowing GMI to expand through organic growth and acquisition.
GMI was founded in 2002 and specializes in new and refurbished diagnostic ultrasound and nuclear medicine equipment, as well as parts, service, training, and repair. Jordan Industries started in 1988, acquiring more than 100 companies since its launch. The company aims to partner with growth-oriented organizations and their management teams to develop “industry-leading companies,” an approach it appears to be pursuing with GMI. The company is reportedly pursuing additional acquisitions across the medical equipment market, which will then be leveraged to provide cross-selling opportunities for GMI.
“The commitment and resources provided by JII will propel GMI into the future and provide the catalyst for development of a top-notch nationwide imaging sales and service organization,” said Jon Perry, CEO of GMI, in the announcement. “In addition, as companies are added to the build-up, it will further enhance our ability to serve our customers and provide substantial growth opportunities for our employees.”