Memorial MRI & Diagnostic Acquires Prime Diagnostic Imaging

Memorial MRI & Diagnostic acquired Prime Diagnostic Imaging and its pain management arm, Foundation Physicians Group.

Memorial, a healthcare service platform of Dallas-based private equity firm Panos Partners, is a regional provider of diagnostic imaging and pain management services in the two largest metroplexes in Texas with 17 locations.

Memorial is a portfolio company of Backcast Partners Management, whose investment in Memorial now consists of over $150 million of senior secured debt and preferred equity provided by both its fund and managed co-investment vehicles. Read more.

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