Qscan Group announces investment in South East Radiology

Hamilton Locke has advised Qscan Group (a Quadrant Private Equity portfolio company) on its investment in South East Radiology. South East Radiology is a leading radiologist-owned group consisting of 11 clinics located in the South Coast region of NSW and has provided a full spectrum of services including Ultrasound, MRI, X-Ray, CT and Nuclear Medicine, for over 25 years.

Qscan Group is a leading provider of diagnostic imaging services in Australia operating Qscan Radiology Clinics, Universal Medical Imaging, Berera Radiology and North Coast Radiology Clinics. The combined group operates 42 clinical locations providing services to more than 1,000,000 patients annually.

The team at Hamilton Locke was led by partner Gordon McCann and assisted by lawyer Sahar Rostabeik. Hamilton Locke have now advised the Qscan Group on four bolt acquisitions.

Commenting on the transaction, Gordon McCann said: “Once again it was a pleasure working with Qscan senior management and Quadrant Private Equity on this acquisition. South East Radiology is well positioned for growth and no doubt will be a great addition to the Qscan Group.”

About Hamilton Locke

Hamilton Locke specialises in solving complex client problems and working with clients and advisers to building long-term relationships and value. We are culture-led and have a genuinely unique strategy, putting the personal and professional development of our people at the centre of everything we do. With a clean sheet of paper, we have aligned structure and systems around our strategy. Natively in the cloud, with an outsourced back-office and access to technology and infrastructure of a much larger firm, we provide the team with a collaborative environment and tools to focus on client needs without bureaucracy.