M&A Deal Summary

Alpha Source Acquires BC Technical

On November 21, 2017, Alpha Source acquired healthcare services company BC Technical from MSouth Equity Partners

Acquisition Highlights
  • This is Alpha Source’s 1st transaction in the Healthcare Services sector.
  • This is Alpha Source’s 2nd transaction in the United States.
  • This is Alpha Source’s 1st transaction in Utah.

M&A Deal Summary

Date 2017-11-21
Target BC Technical
Sector Healthcare Services
Buyer(s) Alpha Source
Sellers(s) MSouth Equity Partners
Deal Type Add-on Acquisition

Target

BC Technical

West Jordan, Utah, United States
website
BC Technical, Inc. Its comprehensive expertise in all major OEM medical imaging systems includes the latest PET, PET/CT, SPECT, SPECT/CT, CT and MR technologies. Offering the same level of resources, expertise and quality expected from large OEMs, with the added flexibility and value of smaller independent service organizations, they are in a category by themselves. BC Technical provides nationwide on–site service in all 50 states and personal technical/clinical support—all with uncompromised reliability, quality and value.

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Buyer(S) 1

Buyer

Alpha Source

Milwaukee, Wisconsin, United States

website


Category Company
Founded 1986
Sector Medical Products
DESCRIPTION

Alpha Source provides innovative solutions in procurement and logistics for healthcare customers around the world. The company is a certified medical device manufacturer with an emphasis on batteries and electronic components. Alpha Source distributes multi-vendor service parts and accessories for all modalities and has national field service for Ultrasound equipment. Alpha Source was founded in 1986 and is based in Milwaukee, Wisconsin.


DEAL STATS #
Overall 2 of 2
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Utah) 1 of 1
Country (United States) 2 of 2
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-06 Medical Optics

Tamarac,, Florida, United States

Medical Optics, Inc. is a provider of endoscope and surgical instrument repairs. Since its launch in 1997, every piece of equipment has been repaired with expert precision and unparalleled care at a state-of-the art facility. Medical Optics always adheres to the highest standards of excellence, and provides reliable service to clients globally throughout North and South America, Europe, Asia and Australia.

Buy -

Seller(S) 1

SELLER

MSouth Equity Partners

Atlanta, Georgia, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1984
PE ASSETS 2.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

MSouth Equity Partners is a private equity firm focused on mid-sized company investments and acquisitions valued between $25 and $250 million. The Firm prefers opportunities in Southern US and looks to commit $25 to $100 million per transaction. Sectors of interest include distribution, business services, media, telecom, and specialty manufacturing. MSouth is the successor to private equity firm, Cravey, Green & Wahlen, Inc. which was founded in 1984. MSouth Equity Partners is based in Atlanta, Georgia.


DEAL STATS #
Overall 18 of 30
Sector (Healthcare Services) 1 of 3
Type (Add-on Acquisition) 4 of 10
State (Utah) 1 of 1
Country (United States) 18 of 30
Year (2017) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-10 United Communications

Chapel Hill, Tennessee, United States

United provides voice and data services. United provides superior broadband coverage when compared to many other rural telephone companies. United has over 13,000 access lines and a state-of-the-art network that provides services to underserved rural communities located near Nashville, TN.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-18 CRH Healthcare

Atlanta, Georgia, United States

CRH Healthcare is a patient-focused operator of urgent care centers in Georgia, Florida, and Alabama. CRH operates a "family of brands", leveraging a different brand name in each state, while always being focused on the CRH Mission, "to deliver the Perfect Patient Experience every time". To achieve this mission, everything they do is focused on the 5 C's: Convenient, Courteous, Caring, Competent, and Compliant. All of CRH's clinics are equipped to help diagnose and treat a wide range of non-life-threatening illnesses and injuries as well as to provide occupational health services to local employers. CRH Healthcare was founded in 2012 and headquartered in Atlanta, Georgia.

Sell -