RadNet announces agreement to acquire ONRAD
RDNT•RadNet agreed to acquire ONRAD, whose shareholders will receive $350 million in cash and 5 million RadNet shares. RadNet said an earnout of up to $210 million is payable upon reaching a 2027 EBITDA target, and ONRAD is expected to add $60 million-$65 million in adjusted EBITDA in the first year.
1. Acquisition terms
RadNet announced an agreement to acquire ONRAD. ONRAD shareholders will receive $350 million in cash and 5 million RadNet shares, with an earnout of up to $210 million payable upon reaching a target EBITDA for 2027.
2. Expected contribution
RadNet expects ONRAD to add $60 million-$65 million in adjusted EBITDA in the first year.
