Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses poised for the next level of growth, consummated a partnership with an investment in Prestige Medical Imaging, an independent radiology service provider in the Eastern U.S.
George Parry, partner of ASC, and deal lead said, “PMI is a service first organization, differentiating itself against competitors that are positioned as sales-first. PMI offers 24/7/365 service coverage, providing the flexibility that national competitors are unable to provide, servicing its customers at the local level. We are excited to begin working with Bill to broaden the company’s geographic footprint and identify select acquisitions to enhance its suite of product offerings.”
Bill Haussmann, founder and chief executive officer of Prestige Medical Imaging, commented, “Our business was founded on the basis of providing the highest level of expert service to our customers, whether they are a large sports team or a small medical office and for nearly 20 years we have lived up to that purpose. With the added support of Atlantic Street Capital, who have invested in businesses similar to ours, we will continue to create scale while delivering best-in-class radiology solutions and services to new and existing customers.” Bill will retain his CEO position and maintained a meaningful ownership position in the business along with several key management team members.