Sheridan Capital Partners-Backed RS&A Announces Acquisition of Summit Imaging


Rural Hall, NC – October 27, 2022 – RS&A, LLC (“RSA”), an established medical device independent service provider (“ISP”) for radiotherapy (RT) equipment, most notably external beam linear accelerators (“LINACs”), announced today its acquisition of Summit Imaging (“Summit”).

Founded in 2006, Summit Imaging is a tech-enabled provider of medical imaging equipment repair, refurbishment, and exchange services to healthcare facilities, independent service organizations and OEMs across North America, primarily focused on ultrasound and mammography. Summit’s deep industry expertise, technical capabilities and proprietary software solutions perfectly complement RSA’s existing service offering and will augment their collective ability to deliver critical support to their healthcare customers.

The combined entity will be a stronger, more diversified organization providing high-value services across multiple modalities resulting in a sustainable (eco-friendly) parts infrastructure, improved system performance, reduced costs related to mission-critical healthcare equipment, and expanded access to RT treatments.

“The entire Summit team and I are elated about our partnership with DJ and the RSA team,” said Larry Nguyen, the Founder of Summit, and newly appointed CIO of RSA. “Our teams are fundamentally aligned in our cultural values, our commitment to our clients, and our desire to deliver the highest-quality services in direct support of healthcare providers and the service community to improve patient care.”

“We could not be more excited to partner with Larry, and the entire team at Summit Imaging as we continue building RSA into a premier, national ISP,” adds RSA CEO DJ Conrad. “The acquisition meaningfully expands RSAs capabilities and reach. We will immediately be able to leverage Summit’s differentiated technical capabilities across our collective customer base to improve medical equipment uptime, performance and the overall delivery of care for our customers.”

RSA is backed by Sheridan Capital Partners, a Chicago-based healthcare private equity firm. Cascadia Capital served as financial advisor to Summit. McGuire Woods LLP served as legal counsel to RSA. Financial terms of the transaction were not disclosed.

About Summit Imaging

Summit Imaging is a technology enabled service organization that focuses repairs and services on Ultrasound and Mammography Imaging equipment. A unique combination of component level hardware understanding, service software development, and extraordinary team allows us to change our marketplace to do things what once others thought impossible. Our support and services are able to reach any healthcare facility in the world.

About RSA

RSA is a North Carolina-based medical device independent service provider for radiotherapy equipment, most notably external beam linear accelerators (“LINACs”). Since 1995, RSA has supported the oncology community through equipment life cycle management, maintenance, parts, and removals / installations. RSA built its business by delivering a responsive and professional service to the oncology industry, enabling its clients to deliver quality patient care. Their client base includes hospitals, medical centers, private cancer centers, universities, veterinary clinics, urology clinics, and GPO / asset management groups across North, Central, and South America.

About Sheridan Capital Partners

Sheridan Capital Partners is a Chicago-based healthcare private equity firm that focuses on lower middle market buyouts and growth equity in the U.S. and Canada. Sheridan partners with companies in the verticals of providers and provider services, healthcare IT and outsourced services, and consumer health and medical products, bringing strategic resources to accelerate growth, build enduring value, and achieve strong results.

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