Ziegler, a specialty investment bank, served as the exclusive financial advisor to Radiology Alliance and Infinity Management on their sale to MEDNAX.

Founded in 2001, Radiology Alliance offers radiology services, including emergency and subspecialty interpretations 24 hours a day with a staff of board certified and fellowship trained radiologists. It serves a broad customer base that includes hospitals in Middle Tennessee, Southern Kentucky and many other treatment and outpatient imaging centers.

The acquisition aligns Radiology Alliance with the nation’s largest provider of maternal-fetal, newborn, pediatric subspecialty and anesthesia physician services. Radiology Alliance will gain additional technological, clinical and administrative capabilities, as well as the scalability and efficiencies that come from partnering with a national provider.

This acquisition positions MEDNAX to begin building a national radiology group, expanding beyond its market leadership position in teleradiolgy services to begin offering on-site radiology services.

Kirk Hintz, CEO of Radiology Alliance, said, “We are honored to be part of MEDNAX, a physician-led organization that drives operations through patient-centric, quality perspectives.”

Andy Colbert, managing director in Ziegler’s Corporate Finance practice, commented, “The Radiology Alliance and Infinity Management team has built an exceptional platform that combines a leading clinical practice with a comprehensive management services organization. We are thrilled to have represented the group on this acquisition.”

Chicago-based Ziegler is a privately held investment bank, capital markets, wealth management and proprietary investments firm.