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  • Writer's pictureJeffrey White

Exciting News: Akumin to Acquire Alliance Healthcare!

Akumin announced on June 25th that it has entered into an agreement to acquire Alliance Healthcare Service for approx. US$ 820mm.

This landmark transaction will bring together two US healthcare leaders in the fields of radiology and oncology with particular expertise in outpatient service delivery.

Alliance Healthcare Services has a 35+ year history of delivering quality services to its patients and customers. Alliance today:

  • Operates in 45 states

  • Has over 1,000 health system and hospital customers

  • Owns and operates 19 independent radiology centers and 34 oncology centers

  • Employs over 2500 team members

The combined entity is expected to have pro forma revenues of US$ 730mm and pro forma adjusted EBITDA, including expected cost synergies, of US$ 210mm.

The acquisition is expected to close in the third quarter of 2021, subject to clearance of HSR and other customary regulatory approvals.


Please contact me to learn more about Akumin's important announcement.


R. Jeffrey White LL.B., MBA

Director, Corporate Development and Investor Relations

Akumin

rjwhite@hingemarkets.com

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