DIRECTMED IMAGING ACQUIRES RICHARDSON HEALTHCARE
The Acquisition of a Majority of Richardson Healthcare Business Strengthens DirectMed Imaging’s Position As The Largest Canon/Toshiba Aftermarket Parts Supplier
SAN DIEGO, JANUARY 24, 2025 – DirectMed Imaging, a premier supplier of aftermarket medical imaging parts, systems, and training, today announces the acquisition of Richardson Healthcare’s Fort Mill, SC operation. Richardson Healthcare is a division of Richardson Electronics (NASDAQ: RELL).
DirectMed’s acquisition expands its Canon/Toshiba MRI and CT parts expertise and inventory breadth. The purchase also allows them to enter the Canon/Toshiba CT training market for engineers and biomedical professionals, as well as become the exclusive global distributor for Richardson Electronics repaired Siemens Straton Z, MX, and MXP CT X-ray tubes. Additionally, DirectMed will now be the exclusive global distributor for the ALTA750 and ALTA 750G CT X-ray tubes.
DirectMed’s customers will benefit from Richardson Electronics’ world-class X-ray tube manufacturing infrastructure, engineering talent, and expertise that repairs Siemens X-ray tubes, a highly valued offering in the marketplace.
“DirectMed has spent five years making strategic investments and now six acquisitions that bring our customers excellence in inventory and service,” said Brad de Koning, DirectMed Imaging CEO. “Richardson Healthcare has built an impressive CT X-ray tube, training, and parts business. We are excited to have their expertise, solutions, and inventory under our roof and to strengthen our Canon/Toshiba aftermarket parts offerings.”
“Hospitals and service organizations cannot waste time when their engineers need parts or support to keep mission-critical diagnostic imaging machines up and running,” said Tanner LoRusso, Chief Commercial Officer for DirectMed Imaging. “Our customers have come to know us as a dependable partner to help solve their most difficult needs quickly and efficiently. The acquisition of Richardson Healthcare is the latest milestone of DirectMed’s to invest in the needs of our customers’.”
“We recognize that our customers operate in an industry where efficiency and cost-savings are intertwined with quality patient care,” said Nicholas Richardson, Richardson Healthcare global senior sales and business operations manager. “By joining the DirectMed family, we are creating more enhanced, innovative, and compelling solutions to new and existing clients. Together, we can deliver an unparalleled level of expertise and inventory that neither brand could have achieved on its own.”
DirectMed is backed by private equity firm Frazier Healthcare Partners.
About DirectMed Imaging
DirectMed Imaging is a leading aftermarket diagnostic imaging parts, systems, and service provider. With over 100,000 parts in stock, the company repairs, supports, and sells GE, Siemens, Philips, and Canon/Toshiba MRI, CT, and X-ray parts to healthcare networks, imaging centers, and independent service organizations (“ISOs”) around the world. DirectMed also owns LBN Medical ApS, based in Aalborg, Denmark, a leading reseller of aftermarket medical imaging equipment and parts to customers around the world; and ScanMed, LLC, a leader in MRI coil design, manufacture, and repair. For more information, visit DirectMedImaging.com.
About Frazier Healthcare Partners
Founded in 1991, Frazier Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. Since its inception, Frazier has raised over $8 billion of capital for private funds and co-investment opportunities and has invested in more than 200 companies over 33 years. Frazier has a philosophy of partnering with strong management teams while leveraging its internal operating resources and network to build exceptional companies. Frazier is headquartered in Seattle, WA, and invests broadly across the U.S., Canada, and Europe. For more information about Frazier, visit www.frazierhealthcare.com/home.
About Richardson Electronics
Richardson Electronics is a global manufacturer of engineered solutions, green energy products, power grid and microwave tubes, and related consumables; power conversion and RF and microwave components, including green energy solutions; high-value replacement parts, tubes, and service training for diagnostic imaging equipment; and customized display solutions. Approximately 50% of its products are manufactured in LaFox, Illinois, Marlborough, Massachusetts, or Donaueschingen, Germany, or by one of its manufacturing partners throughout the world. They serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure.
DirectMed Imaging Contact:
Kurtis Waddell
Growth Marketing Manager
kwaddell@directmedimaging.com
Read the Press Release
Customer FAQ’s –
DirectMed Imaging’s Acquisition of Richardson Healthcare
Overview of the Acquisition
1. Why did DirectMed Imaging acquire Richardson Healthcare?
DirectMed Imaging acquired Richardson Healthcare to combine their complementary strengths
and enhance their offerings. DirectMed’s expertise in multi-modality and multi-manufacturer
imaging parts, paired with Richardson Healthcare’s focus on Toshiba parts and CT tube
manufacturing, allows for a broader range of products and services for customers.
As part of this acquisition, DirectMed Imaging is now the exclusive global distributor of new
ALTA750 and 750G CT X-Ray tubes for Toshiba CT systems, as well as repaired Siemens Straton Z
and MX series CT tubes. Richardson remains committed to engineering and manufacturing CT
tubes, with plans to release OEM alternative Straton MX and MX-Ps this May and additional CT
X-Ray tubes by 2026
2. What changes should I expect?
In the short term, your experience with both companies will remain the same. Over the next
several months, Richardson Healthcare will become DirectMed Imaging, resulting in streamlined
processes and a broader range of products and services.
3. Will the Richardson Healthcare brand still exist?
Currently, Richardson Healthcare will continue its focus on Toshiba parts, training, and Siemens
and Toshiba CT tube manufacturing. A branding transition to DirectMed is planned for the near
future, and updates will be provided.
4. What are the benefits for me as a customer?
Customers will benefit from:
• A wider inventory of imaging parts across multiple manufacturers.
• New training opportunities.
• Access to the combined expertise of two industry leaders.
Customer Accounts & Services
5. Do I need to set up a new account with DirectMed Imaging?
No, your existing account with Richardson Healthcare will remain active. Any updates to account
management or terms of sale will be communicated.
6. Will my current contracts or agreements with Richardson Healthcare remain valid?
Yes, all existing contracts and agreements will continue to be honored as originally agreed.
7. Will my account representative change?
No, your account representative(s) will remain the same. If you have an account representative
at both locations, please reach out as follows:
• For tubes and/or training currently offered by Richardson Healthcare, please contact
your Richardson or account representative
• For parts, training, or support currently offered by DirectMed Imaging, please contact
your DirectMed account representative.
8. I am currently scheduled for training at Richardson, will that change?
Your scheduled training at Richardson Healthcare in South Carolina will remain unchanged for
now. All training courses will continue to be offered and attended at this location as planned.
Orders, Pricing, and Quoting
9. Will pricing or quoting processes change?
Pricing and quoting will remain the same during the integration period. Efforts are underway to
align pricing structures for consistency across both organizations.
10. Can I still place orders the same way?
Yes, you can continue placing orders through the same Richardson Healthcare channels.
DirectMed’s order channels are also available for multi-modality and multi-manufacturer needs.
11. Who should I contact if I have questions or concerns?
Please continue to contact your preferred DirectMed or Richardson Healthcare representative.
Both teams can support your needs. For additional assistance, DirectMed’s support team is
available 24/7 at 855-463-3727 or sales@directmedimaging.com.
12. Will there be any downtime during the integration?
No, we do not anticipate any service disruptions.
13. How will I stay informed about updates?
Regular updates will be provided via email or on www.directmedimaging.com