Bridgeport Capital has invested in Exact Radiology, a diagnostic imaging business operating and servicing a network of 13 radiology clinics in South East Queensland, Australia. Bridgeport Capital will be partnering with the founding radiologist shareholders and New Zealand based private investment firm Direct Capital to continue growing the business.
Exact provides high quality diagnostic imaging services including MRI, CT, ultrasound, x-ray and nuclear medicine. Founded in 2007 with one clinic, Exact has grown organically to operate nine clinics and provide radiology reading services to a further four clinics and Ipswich Hospital in South East Queensland.
Bridgeport Capital’s investment will provide growth capital to help fund future expansion of the clinic base, investment into new modalities and additional services, and to enable a wider shareholding participation among employees.