Private-equity firm Platinum Equity, Los Angeles, has signed a definitive agreement to acquire DMS Health Technologies, a Fargo, N.D.-based mobile, interim and fixed-site diagnostic imaging technology and services company, from Otter Tail Corp., a private-equity firm also with an office in Fargo.
Platinum Equity to buy DMS Health Technologies
Terms of the deal were not disclosed in a news release from Platinum Equity; the deal is subject to regulatory approval and the meeting of closing conditions.
DMS Health Technologies provides diagnostic imaging technology—including MRI, CT, nuclear medicine and digital mammography systems—to hospitals, clinics and other medical providers, according to the release. The company also sells diagnostic imaging and monitoring equipment in the Upper Midwest and sells and rents refurbished medical equipment.
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