Delray Beach, Florida-based 626 Holdings LLC, a third-party company in the health care technology management market, has acquired the CR and DR business of Innovatus Imaging, which is headquartered in Pittsburgh. The transaction should provide a national reach to 626’s established radiology service businesses in the eastern U.S.
“Innovatus made this move to better prepare us to grow our core businesses,” Innovatus CEO Dave Johnson stated. “We selected a partner that would take great care of our customers and would be a long-term, successful home for our engineers servicing this market.”
626’s purchase of Walsh Imaging two years ago, ISS in late 2019 and the Innovatus CR-DR business follows its approach to base acquisitions — family fit and customer need. This method has proven to be successful as they were able to double Walsh Imaging’s business within two years and they have already begun to scale the ISS business. 626 plans to do the same with the Innovatus CR-DR business.