Alliance HealthCare Services

Alliance HealthCare Services in its US$820 million acquisition by Akumin

Client

Alliance HealthCare Services

Value

US$820 million

Service

Mergers and Acquisitions

Date Closed

Industry

Health

Lead Office

Toronto

 

On June 25, 2021, Alliance HealthCare Services announced its acquisition by Akumin for US$820 million. The acquisition will create the most comprehensive radiology and oncology solutions for patients in the US and will also create innovative growth for the healthcare industry. Upon closing of the transaction, the combined company is expected to have over 1,000 hospital and health system customers and over 4,000 team members.

Alliance HealthCare Services is a US provider of outsourced healthcare services specializing in diagnostic radiology and radiation oncology services.

Akumin is a provider of freestanding, fixed-site outpatient diagnostic imaging services with 137 imaging centers throughout the United States.

Osler, Hoskin & Harcourt LLP advised Alliance HealthCare Services with a team consisting of Eric Levy, Alex Gorka and Wesley Cohen (Corporate).