January 10, 2020 – Allentown, PA – Rezolut Medical Imaging, LLC (“RMI”), a high-growth medical imaging business and portfolio company of Sunny River Management (“SRM”), has acquired Open MRI & Allentown Diagnostic Imaging dba Open MRI of Allentown (“Open MRI”). Open MRI is a multi-modality medical imaging center proudly serving the Greater Lehigh Valley. This is RMI’s first completed acquisition for 2020.
Since the company’s founding in 1998, Open MRI has grown to offer Ultrasound, X-ray, and CT imaging. After expanding its facility in 2016, Open MRI upgraded to an ultra-low dose system that offers 60-70% less radiation than other systems, recognizing the need for exceptional patient care in an outpatient setting.
Open MRI’s highest priority is its patients. Patients, payors, and physicians should expect the same unwavering commitment to customer service they have come to expect over the years. Joe Galazio, CEO of Open MRI, will remain with the business as Center Director to oversee continued growth under the new ownership.
Open MRI is RMI’s 17th fixed imaging center which expands our geographic coverage in the Northeast. This transaction continues Rezolut’s mission of delivering an innovative approach to the highest quality of patient care.
About Rezolut Medical Imaging, LLC
RMI is a high-growth medical imaging business, seeking to build a national, multi-modal platform by delivering high quality service to patients. To learn more about RMI, visit www.rezolut.com.
About Sunny River Management, LLC
SRM is a private family investment firm focused on building great mid-sized businesses in a few select highly desirable industries. SRM builds its platform businesses through partnering with small businesses and investing in growth within those businesses as part of a larger platform. SRM takes a long-term view with its acquisitions and investments. SRM’s current platforms include: Industrial Inspection & Analysis, Fire Safety & Protection, and Rezolut Medical Imaging. To learn more about SRM, visit www.sunnyrivermanagement.com.