Healthcare | Mergers & Acquisitions

Heico Sells Meditek to U.S. Diagnostic Labs

  • Heico Corporation (NYSE: HEI), a producer of aerospace components with a market value of over $350 million, determined to divest an off-strategy subsidiary, Meditek Health Corp.
  • Meditek is a provider of diagnostic imaging services through a network of magnetic resonance imaging centers
  • Heico retained TM Capital to pursue the sale of Meditek with a range of strategic and financial acquirors
  • TM Capital completed the sale of Meditek for $23 million to U.S. Diagnostic Labs, Inc. (NASDAQ)

Client Testimonial