Swiss Life Asset Managers and Vesper Next Generation Infrastructure Fund have partnered to acquire RAD-x, a diagnostic imaging and social infrastructure platform with 23 sites across Germany and Switzerland, from Gilde Healthcare.

The consortium will support RAD-x’s ambitions through a significant growth plan aimed at expanding its geographic reach while developing and enhancing its product offering to provide essential and accessible healthcare infrastructure services.

Founded in 2016 and headquartered in Mannheim, Germany, RAD-x has grown from a single clinic to one of the largest diagnostic imaging platforms in the region, with 23 centres across Germany and Switzerland.

Diagnostic imaging benefits from an accelerated demographic shift linked to a continuously aging population in Europe. Additionally, the growing focus on preventive care will demand increasingly efficient early-stage identification and diagnosis of diseases, the acquirers said.

Gianfranco Saladino, head of value-add infrastructure at Swiss Life Asset Managers, said: “We continue to see powerful sector tailwinds within the diagnostics space, driven by ageing population and an increasing importance of preventive diagnostics.

”Not only will increasing diagnostics improve the choice and efficacy of treatments, but it will also reduce overall healthcare system costs. We are delighted to back RAD-x and its management team to accelerate the company’s expansion.”

Livio Fenati, a managing partner at Vesper Infrastructure Partners, said: ”High quality and accessible diagnostic imaging services lie at the heart of one of Vesper’s key investment themes, namely ‘sustainable, circular and healthy living’.

”By delivering more sophisticated imaging technologies, leveraging on teleradiology services and exploiting the transformational impacts of AI on productivity and accuracy, RAD-x is actively supporting the growing need for advanced diagnostics and treatments for the EU’s aging population.”

Arthur Vogt and Fabian Gross, co-CEOs at RAD-x, said: “We are excited to welcome Swiss Life Asset Managers and Vesper Next Generation Infrastructure Fund I, two likeminded investors, who share the same vision of high quality and accessible diagnostic care for our patients.

”The exceptional experience of our teams coupled with the industrial and financial expertise of our new investors and partners will open up new horizons for the continued successful development of RAD-x and a rewarding future for our employees.

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