Clearview Capital Fund IV, L.P. and its affiliates (“Fund IV”) announced
today the acquisition of Outpatient Imaging, LLC (“OPI”) by its portfolio
company Capitol Imaging Services, LLC (“Capitol Imaging” or the
“Company”). The transaction closed on April 15, 2025.
OPI operates nine freestanding imaging centers across the greater
Atlanta area and in Statesboro, Georgia. OPI’s multimodality centers
provide a comprehensive suite of diagnostic services, including MRI, CT,
ultrasound, mammography, and x-ray. OPI shares Capitol Imaging’s
commitment to high-quality, cost-effective care delivered in accessible
outpatient settings.
Capitol Imaging provides outpatient diagnostic imaging services across
the Gulf South. Since partnering with Clearview Capital in 2020, the
Company has expanded from 20 to 57 centers across Texas, Louisiana,
Alabama, Mississippi, Florida, and now Georgia. As one of the largest and
fastest-growing metropolitan areas in the Southeast, Atlanta represents
an attractive entry point into Georgia, with strong long-term demand for
outpatient imaging services. This expansion is a natural extension of
Capitol Imaging’s growth strategy and positions the Company to serve
patients across a broader regional footprint.
“Capitol Imaging is very excited to enter our sixth state in the Southeastern United States,” remarked John Stagg, CEO,
Capitol Imaging. “We have known OPI for several years now and the great reputation they have in the greater Atlanta market
and Statesboro. We hope to expand on that reputation and help grow the Georgia and Atlanta market even further to take
care of our patients. Capitol Imaging currently operates 57 sites and more than 800 employees as part of our family to help
serve our referrals sources and patients and we are Doctor Trusted and Patient Preferred.”
“The Capitol Imaging team has done a fantastic job building the business into one of the largest outpatient imaging platforms
in the Gulf South region,” said Geoff Faux, Partner of Clearview Capital. “We think there is tremendous potential for additional
expansion in the Company’s current and adjacent markets and are excited to continue supporting the Capitol Imaging
platform in its growth.”
Capitol Imaging is seeking additional acquisition opportunities of outpatient diagnostic imaging centers in the Gulf South.
Please contact members of Clearview Capital’s business development team with opportunities.
Capitol Imaging is a platform investment in Fund IV, a $550 million committed fund raised in 2018.
The M&A market for healthcare companies continues to build on STRATEGIC opportunities and a fragmented market. Consolidations along with unprecedented demand are driving scale across the continuum of care. The strategic corporate buyers and private equity investors remain committed to acquiring strong businesses that are well prepared for a transaction. Across the continuum of care, these buyers and investors are looking for well established, profitable businesses and offering prime valuations and options for management.
Do you know the current market value of your business? We do! We are here to help you plan, prepare, explore and succeed in executing your strategic options.
Contact Paragon Ventures for more information.
800-719-1555
