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

By Public Technologies20:01 (UTC), 26 October 2026 Updated

RadNet agreed to acquire ONRAD for $350 million in cash and 5 million shares of its common stock.
An earnout of up to $210 million depends on 2027 EBITDA targets, payable in cash, common stock or both at the buyer’s election.
The transaction is expected to close in early 2027, expanding the buyer’s services into teleradiology and in-hospital radiology staffing.
ONRAD is expected to contribute first-year revenue of $190 million to $200 million and adjusted EBITDA of $60 million to $65 million.
The business supports more than 225 hospital facilities across 26 states through more than 130 contracted radiologists.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RadNet Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610261601PRIMZONEFULLFEED9852977) on October 26, 2026, and is solely responsible for the information contained therein.