RAD-x Management GmbH

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RAD-x Management GmbH - overview

Established

2016

Location

Mannheim, -, Germany

Primary Industry

Healthcare

About

Based in Germany, RAD-x Management GmbH provides diagnostic imaging solutions, focusing on radiology and nuclear medicine to enhance patient care through advanced medical technologies. RAD-x Management GmbH specializes in diagnostic imaging, headquartered in Mannheim, Germany. Founded in 2016 by Arthur Vogt, the company has engaged in one recorded deal, which occurred on September 1, 2016, when Gilde Healthcare Partners acquired RAD-x SAS. Martin Hardens and Roshen Thomas currently serve as the CEO.


RAD-x operates as a pan-European diagnostic imaging operator, offering high-quality medical care through radiology and nuclear medicine services. The company provides comprehensive imaging solutions that support accurate diagnosis and treatment across various medical conditions. With a client base including hospitals, private practices, and healthcare institutions primarily in Germany, Switzerland, and Austria, RAD-x focuses on integrating advanced technologies to improve patient care and operational efficiencies. In 2021, RAD-x reported a revenue of EUR 31,678,766.


60, with an EBITDA of EUR -6,751,350. 20. The company generates revenue through strategic partnerships with medical practices and healthcare providers, focusing on long-term collaborations that enhance efficiency and services for patients. RAD-x plans to expand its operations and services in the diagnostic imaging sector through the development of new products and the potential entry into new markets across Europe.


Recent funding from Gilde Healthcare Partners will support these initiatives, although specific product launch dates and geographic targets are not detailed. The last known deal took place in September 2016, indicating a strategic alignment for future growth.


Current Investors

Gilde Healthcare

Primary Industry

Healthcare

Sub Industries

Diagnostic, Medical & Imaging Laboratories

Website

www.rad-x.eu

Verticals

HealthTech

Company Stage

Mature - Buyout

Total Amount Raised

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RAD-x Management GmbH - timeline of key events

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RAD-x Management GmbH - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)33,901,000---
% Revenue Growth (YoY)----
EBITDA (USD)(2,974,000)---
Operating Income (USD)(2,362,000)---
Operating Margin(7.0%)---
% EBITDA Margin(8.8%)---
NET Income (USD)(1,026,000)---
% Net Margin(3.0%)---

RAD-x Management GmbH - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedBoos-moog-
Add-onCompletedTelradKo GmbH-
Add-onCompletedSwiss Medical Imaging Investment SA -
BuyoutCompletedACURA Kliniken Rheinland-Pfalz AG-
BuyoutCompletedIRD SA-

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RAD-x Management GmbH - employee data

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