Triton to sell Meine Radiologie Holding to EQT Infrastructure
Frankfurt (Germany), 9 July 2021 – The Triton Smaller Mid-Cap Fund I advised by Triton has signed an agreement to sell Meine Radiologie Holding (“MRH” or “the company”), a professional partner in succession planning and a leading provider of radiology and radiotherapy diagnostics and treatment, to EQT Infrastructure. Terms and conditions of the transaction are not disclosed.
MRH is headquartered in Frankfurt and provides radiology diagnostics and therapy, as well as radiation treatments for malignant and benign diseases, to patients across Germany. Under Triton’s ownership the company has grown rapidly, expanding from nine to 37 practices, and following the completion and successful integration of 11 add-on transactions, it is now recognised as a leading player in the German radiology market.
Triton also used its team of operational experts, including its in-house Digital and ESG teams to help the company accelerate its growth and deliver better outcomes to end patients. The developments included e.g. the implementation of secure digital transmission of MRI images directly from the radiologist to the orthopaedist or general practitioner to improve efficiency and the establishment of a medical board to establish and share best practice across the group.
“We would like to thank the management team and employees of MRH for their significant contribution to the successful development of the company. MRH is now established as a leading radiology and radiotherapy player in Germany and is well positioned for further growth. We look forward to MRH’s continued success as they embark on the next step in their development,” says Götz Meyer, Investment Advisory Professional at Triton.
“We see large growth and consolidation potential in the German healthcare market, particularly in the small and mid-cap segment, where succession planning remains an important topic. We look forward to continue investing in companies in the healthcare sector and to support their accelerated growth based on Triton’s long experience in the sector,“ adds Andi Klein, Managing Partner and Head of Triton Smaller Mid-Cap (TSM).
About Meine Radiologie Holding
Meine Radiologie Holding (formerly Deutsche Radiologie Holding) was founded in 2017. Meine Radiologie Holding, based in Frankfurt am Main, supports radiological, nuclear medicine and radiation therapy practices as a financially strong investor and professional management partner on the path of succession planning. The team has many years of experience and comprehensive practical knowledge in this field.
Further information: www.meine-radiologie.com
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial & technology, services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvement and growth.
The 48 companies currently in Triton's portfolio have combined sales of around €17.5 billion and employ around 100,000 employees.
For more information: www.triton-partners.com