The private equity firm NMS Capital has sold the radiology parts and services provider DirectMed Imaging (“DirectMed”) to the healthcare-focused investment firm Frazier Healthcare Partners.
DirectMed is a leading provider of aftermarket parts and component repairs for diagnostic imaging equipment. With over 100,000 parts in stock, the company repairs, supports and sells parts to healthcare networks, imaging centres and independent service organisations, extending the life of medical imaging equipment to improve patient access, reduce waste and lower healthcare costs.
DirectMed also owns LBN Medical ApS, based in Aalborg, Denmark, a leading reseller of aftermarket medical imaging equipment and parts to customers around the world. Accura assisted NMS Capital and DirectMed with the acquisition in 2022.
NMS Capital is a New York-based private equity firm focused on acquiring medium-sized growth companies, particularly in the healthcare sector. NMS Capital was formed in 2010 and manages more than USD 1.5bn.
Frazier Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. Since its inception, Frazier Healthcare Partners has raised over USD 8bn of capital for private funds and co-investment opportunities and has invested in more than 200 companies over 33 years.
Accura advised NMS Capital and DirectMed on all Danish legal aspects of the transaction in collaboration with Greenberg Traurig.