RadNet agrees to acquire ONRAD for $350 million and 5 million shares

By Public Technologies
  • RadNet signed a definitive agreement to acquire ONRAD for $350 million and 5,000,000 shares of its stock.
  • An earnout of up to $210 million, payable in cash or stock at the buyer's election, depends on 2027 adjusted EBITDA.
  • ONRAD is expected to contribute $190 million-$200 million in revenue and $60 million-$65 million in adjusted EBITDA during the first year.
  • The acquisition will expand hospital radiology services, establishing a third reportable operating segment, Radiology Professional Services.


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