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Leonard Green buys imaging service firm Radon from 5th Century

The Los Angeles buyout firm takes over an independent equipment servicer that tripled revenue in four years of private equity ownership.

M&A News deals deskHealthcare / Medical imaging services · United States, Americas27 Oct 2026

Leonard Green & Partners has acquired Radon Medical Imaging, an independent provider of imaging equipment service, repair and sales, from 5th Century Partners, the seller said on 27 October 2026. Terms were not disclosed.

Why Leonard Green & Partners is buying Radon Medical Imaging

Radon is an independent service organisation that services, repairs and sells imaging equipment. Its chief executive, David Wilson, said the company was excited to build on its momentum with Leonard Green.

Market context

5th Century Partners recapitalised Radon in 2022. Since then the company has roughly tripled revenue, expanded from five to 26 states and grown to more than 220 employees, including over 135 field technicians and engineers, helped by acquisitions including Premier Imaging, Tristate Biomedical, Alpha Imaging and Majestic Medical Solutions.

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