PCP sells Medvue Medical Imaging MRI operations to Envision Diagnostics
Canadian private equity firm Persistence Capital Partners (PCP) has sold all of the Québec radiology operations under its Medvue Medical Imaging banner. The buyer in the non-disclosed transaction was Envision Diagnostics Inc, a diagnostic imaging specialist based in Los Angeles, Calif. The Montréal-based Medvue Medical Imaging was formed in 2003. PCP sold the company's Ontario assets in the early part of last year. In Apr. 2013, PCP raised over $90 million in the first close of its second fund, Persistence Capital Partners II LP, which is targeted for $225 million. Managing partner Stuart Elman was interviewed by peHUB Canada about PCP's fund-raising activity and its exclusive focus on established Canadian healthcare businesses.
16 January 2014•2 mins read
