Secured Research | Equipment Finance Originator | Monitor | Monitor Suite | Converge | STRIPES Leadership
No Result
View All Result
ABF Journal
Forward for Specialty Finance
SUBSCRIBE
Lender & Services Directory
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
  • Recruiting
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
  • Recruiting
  • Events
  • Advertise
  • Contact Us
No Result
View All Result
ABF Journal
No Result
View All Result
Home News

HCAP Partners Completes First Acquisition for Integrated Diagnostic Services Platform

First Choice Mobile Radiology acquisition marks initial step in expanding mobile diagnostic services across the Western U.S.

byRita Garwood
April 23, 2025
in News, Deal Announcements

SAN DIEGO — HCAP Partners, a California-based private equity firm and nationally recognized impact investor, today announced the first acquisition under its new imaging platform, Integrated Diagnostic Services (IDS), with the purchase of First Choice Mobile Radiology Services, LLC (“FCMR”), a leading Southern California provider of mobile X-ray, ultrasound, EKG, and echocardiogram services. Terms of the investment were not disclosed.

This acquisition follows HCAP Partners’ March 2025 launch of IDS, which was created to expand access to mobile diagnostics for senior care and home health populations. FCMR has a well-established presence in the market and serves skilled nursing facilities (SNFs), long-term care facilities (LTCFs), and home health and hospice agencies.

Its seasoned team of licensed x-ray technologists and sonographers deliver bedside imaging services in fully equipped mobile units—eliminating the need for patient transportation, reducing cost, and improving healthcare outcomes through faster care.

“We’re proud to welcome First Choice Mobile Radiology into the IDS family,” said Kelly McCullum, CEO of Integrated Diagnostic Services. “Kurt and his team have built a solid, trusted business, and this acquisition is an important step in expanding access and strengthening mobile diagnostics for aging and home-based populations.”

“There is a significant opportunity to improve how diagnostics are delivered across senior care and home health settings by building a high-quality, differentiated platform,” said Hope Mago, Partner at HCAP Partners. “We formed IDS with the belief that we could help reshape access to care—and with the close of FCMR, we’re taking that vision forward.”

FCMR is the first of several anticipated acquisitions designed to build a regional platform of high-performing mobile diagnostic providers. By expanding its geographic footprint and enhancing access to timely diagnostics, IDS aims to deliver better outcomes for patients and providers alike.

As the platform grows, IDS remains committed to creating high-quality jobs for its distributed workforce in alignment with HCAP Partners’ Gainful Jobs Approach™—ensuring its workforce is as strong and responsive as the care it provides.

“Joining IDS is a great next step for First Choice,” said Kurt Stewart, founder of FCMR. “We’ve spent years building strong relationships and delivering care where it’s needed most. This partnership gives us the opportunity to reach more patients and continue raising the bar for mobile imaging.”

The transaction was led by Hope Mago and Jessica Kim of HCAP Partners. Kurt Stewart, founder of FCMR, will continue to support the business through its next phase of growth as President of Operations. Integrated Diagnostic Services is led by industry veterans Kelly McCullum and Rick Navarro.

Previous Post

Flatbay Capital Provides $1.2MM Commercial Real Estate Line to Houston Healthcare Provider

Next Post

SC&H Strengthens Corporate Restructuring Practice with Two Industry Veterans

Related Posts

Advanced Power Closes $100M Corporate Credit Facility
Deal Announcements

Archway Commits $50MM ABL Credit Facility for Mason Companies Refi

March 25, 2026
Icons: What This Year’s ABF Journal Icons Want You to Know
News

Tiger Group Promotes Farrell to Senior Managing Director

March 25, 2026
M&A Sector Spotlight: Technology & Software 2025 Outlook
Deal Announcements

MidCap Business Credit Provides $15MM Facility to Oil Field Equipment Manufacturer

March 25, 2026
FGI Strengthens and Expands Leadership Team with Key Promotions
News

SLR Business Credit Bolsters Field Examination Team with Greene Hire

March 25, 2026
Wingspire Capital Provides Over $500MM in Corporate Finance Commitments in H1/25
News

Bridgeport Capital Adds Sill to Lead Dallas Business Development

March 25, 2026
Deal Announcements

Monroe Capital Supports Edustaff’s Acquisition of E-Therapy

March 25, 2026
Next Post
FGI Strengthens and Expands Leadership Team with Key Promotions

SC&H Strengthens Corporate Restructuring Practice with Two Industry Veterans

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Irreconcilable Differences:  How MCA Abuse of “Reconciliation Rights” Threatens Collateral

A Workout Without the Mess: When is Article 9 Restructuring the Right Path?

March 19, 2026

The Tug-of-War Between Syndicated Loans and Direct Lending

March 5, 2026

The Covenant Divide: Why Financial Protections Are Holding Firm in the Lower Middle Market

March 13, 2026

Machine Intelligence Meets Middle Market Lending: The Quiet Transformation of Credit Underwriting

March 13, 2026

About Us

For over 50 years, RAM Holdings’ brands have led the commercial finance industry in publishing, talent development, research and events. ABF Journal’s audience is comprised of as many as 18,000 specialty finance industry executives, private equity investors, investment bankers, advisors, service providers and more.

Our Brands

  • Secured Research
  • Equipment Finance Originator
  • Monitor
  • Monitor Suite
  • Converge
  • STRIPES Leadership

 

Learn More

  • Advertise
  • Magazine
  • Contact Us

Newsletter

Driving specialty finance forward for decades with insights, recognition and deals. Sign up now.

SUBSCRIBE >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • People
    • Economy
    • All News
  • Deals
  • Features
  • Magazine
    • Magazine Issues
    • Nominations
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years