TTG Imaging Solutions, LLC announced a partnership with Sentinel Capital Partners, a private equity firm that invests in mid-market companies. Nevertheless, the terms of the agreement have yet to be disclosed.
The national provider of nuclear medicine and molecular imaging solutions company operates three equipment repair centers as well as three radiopharmacies located throughout 46 states. Furthermore, it has achieved nine acquisitions which have intensified its geographic coverage and prompted new technical capabilities.
“Since its founding, TTG has built a reputation of providing best-in-class services that allow physicians, imaging centers, and hospitals to offer top-quality patient care,” said Paul Murphy, a Sentinel partner. “The TTG team has developed an impressive growth playbook and we are thrilled to provide them the capital and support to significantly expand the business. We look forward to working with TTG’s talented team as they enter their next chapter of growth.”
“We are excited to partner with Sentinel as TTG continues to expand within the large and growing imaging services market,” said CEO Matthew Mastarone. “Our goal was to find a partner to provide capital for continuing growth over the next several years and to support our mission of providing our customers and their patients with the highest quality of service. Sentinel is a perfect fit for what we are aiming to accomplish.”
Sentinel has a lot of industry experience revolving around third-party equipment sales and service of several end markets. These investments include New Era Technology, Mobile Communications America, and UBEO.