
Triton's Meine Radiologie buys Diagnostikum Berlin
Triton portfolio company Meine Radiologie has acquired Berlin-based radiology diagnostics company Diagnostikum Berlin as part of its buy-and-build strategy.
Triton acquired a majority stake in Meine Radiologie (then known as Deutsche Radiologie Holding) in January 2019, investing via its Smaller Mid-Cap Fund, which held a final close in July 2018 on €448m, exceeding its target of €350m. The vehicle generally writes equity tickets of €20-50m, targeting businesses with enterprise values of €25-100m.
Meine Radiologie reported sales of €39m in 2019, according to Triton's website. It has made seven add-ons during the investment period. In July 2020, the company bought three gynaecology practices via its subsidiary, Bergland Klinik Lüdenscheid.
Company
Founded in 1995, Diagnostikum Berlin provides radiological diagnostic services using methods including cardiac imaging techniques. The company operates 13 clinics across Berlin and employs 53 doctors.
People
Triton – Götz Meyer (investment advisory professional).
Meine Radiologie – Dirk Knüppel (CEO); Ingmar Beck (CFO).
Diagnostikum Berlin – Thomas Engels, Elke Scheying (managing directors).
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