Exclusive financial advisor to XRA Medical Imaging

KPMG Corporate Finance LLC acted as exclusive financial advisor to XRA Medical Imaging

KPMG Corporate Finance LLC is pleased to announce the sale of XRA Medical Imaging (“XRA” or the “Company”) to Rhode Island Medical Imaging (“RIMI”).

Headquartered in Cranston Rhode Island, XRA Medical Imaging has been providing Rhode Island with the best quality imaging services since 1969. Its service offerings include MRI, CT scan, X-Ray, Bone Density, Mammography and Ultrasound. The Company offers state-of-the-art technology and equipment, along with a knowledgeable and friendly staff at its six outpatient locations throughout the state of Rhode Island.

Radiologists at XRA have been educated and fellowship trained at some of the top universities and hospitals, such as Harvard Medical School, Yale University, Johns Hopkins School of Medicine, Brown University, Massachusetts General Hospital, Mount Sinai Medical Center, and Beth Israel Hospital. All of XRA’s sites have been accredited by the American College of Radiology and its technologists are all trained and accredited to perform tests for its patients.

About Rhode Island Medical Imaging

RIMI has a network of 18 private state-of-the-art medical diagnostic imaging facilities staffed by over 90 board certified radiologists with broad-based experience and subspecialty training. RIMI radiologists also perform and interpret imaging for eight Rhode Island hospitals and one Massachusetts hospital. RIMI is accredited by the American College of Radiology (ACR) including being the first outpatient Diagnostic Imaging Center of Excellence in Rhode Island. Most of RIMI’s radiologists are also faculty members at The Warren Alpert Medical School of Brown University.

KPMG Corporate Finance

The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.

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Walter Olshanski

Walter Olshanski

Managing Director, KPMG Corporate Finance LLC

+1 332-259-3301

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