Matrix Capital Markets Group advised Berger & Burrow Enterprises (doing business as Dynamic Mobile Imaging) on its sale to True North Health Navigation (doing business as DispatchHealth).
Dynamic Mobile Imaging, which is headquartered in Richmond, VA, provides mobile X-ray and ultrasound services across the eastern half of the United States, including in Virginia, North Carolina, South Carolina, Georgia, Maryland, Delaware, Wisconsin, Indiana, Ohio, Minnesota, Kentucky and Michigan.
Matrix provided merger and acquisition advisory services to Dynamic Mobile Imaging, including marketing the transaction; advising on valuation, deal structure and other transaction terms; and executing. Amanda Verner Thompson and Vasanta Pundarika, co-heads of Matrix’s healthcare investment banking group, managed the transaction along with Casey Van de Walle, a director at Matrix, and Anthony Hoffman, CPA, an analyst at Matrix.
“We were so fortunate to have worked with Matrix as our advisor,” Debbie Berger, CEO of Dynamic Mobile Imaging, said. “They have the most dedicated, super-charged team in the investment banking industry. They are here to get things done. We could not have done this without them.”
“We are excited to have advised the owners of Dynamic Mobile Imaging as they enter into this partnership with DispatchHealth and take the next step to enhance their future growth plans,” Thompson said. “It is truly a landmark transaction in the mobile imaging space.”
“Multiple generations of the family have dedicated their energy into building up Dynamic Mobile Imaging,” Pundarika said. “We are honored to have represented Debbie, Dean and Clara as they made this important decision for DMI.”
Williams Mullen served as legal counsel to Dynamic Mobile Imaging.
