AcquisitionOct 26, 2026Pending
🇺🇸 United States
OONRAD, Inc.RRadNet, Inc.
Healthcare › Healthcare Services
Deal valueUndisclosed
AnnouncedOct 26, 2026
ConsiderationCash and stock
StructureNot stated
RegionNorth America
Cross-borderNo
Contingent paymentYes
Overview
RadNet, Inc. agreed to acquire ONRAD, Inc., a provider of teleradiology and in-hospital professional radiology staffing services, for $350 million in cash and 5 million shares of RadNet common stock, plus an earnout of up to $210 million in cash, stock, or a combination thereof.
Deal rationale
RadNet believes the acquisition will combine its outpatient imaging operations and AI-enabled digital health solutions with ONRAD's radiology professional services platform to create an integrated offering and expand into hospital-based radiology.
AI-generated from the SEC filingPendingHealthcare › Healthcare ServicesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
Advisors
Buy-side
None listed
Sell-side
BBaird
Parties
Target
OONRAD, Inc.
- Headquarters
- United States
- Ticker
- —
Acquirer
RRadNet, Inc.
- Headquarters
- United States
- Ticker
- —
Seller
HPHousatonic Partners
- Headquarters
- —
- Ticker
- —