Novacap invests in growth of Intelerad Medical Systems
Canadian private equity firm Novacap has invested in Intelerad Medical Systems Inc, a medical imaging company based in Montréal. No financial terms were disclosed. Founded in 1999, Intelerad is a developer of software solutions that manage medical images, workflow and data for hospitals, imaging centres and radiology groups in North America, the United Kingdom and Australia. The investment will allow Intelerad to enhance its operations, engage in strategic growth opportunities, accelerate funding of key research initiatives, and continue building its product portfolio. Novacap made the investment via Novacap TMT IV LP, which raised $375 million in 2014.
2 February 2016•3 mins read
