DEAL RELEASE / PRESSEMITTEILUNGEN
November 25, 2020
Read time: 3 min
International law firm McDermott Will & Emery represented Center for Diagnostic Imaging (CDI), a portfolio company of private equity firm Wellspring Capital Management LLC, in its acquisition of Smart Choice MRI, an independent MRI provider with locations across the US Midwest.
- This transaction was completed on November 23, 2020.
- McDermott Will & Emery acted as legal counsel to Wellspring Capital Management LLC and its portfolio company Center for Diagnostic Imaging.
- McDermott’s representation also included an amendment to CDI’s senior secured credit facility with Cerberus Business Finance Agency, LLC, as the administrative agent and collateral agent for the lenders.
- McDermott has previously represented Wellspring in connection with its recent acquisitions of U.S. MRI, Cadence Petroleum Group, Paragon Films, Lucky Strike Entertainment and CDI Diagnostic Imaging. McDermott also represented Wellspring Capital Management in the sale of its portfolio company Help at Home.
- The McDermott team was led by Wellspring relationship partner Frank Steinherr and Scott Regan with healthcare regulatory support led by Sarah Kitchell; and additional support from Daniel Zucker, Jennifer Mikulina, Tony Maida, Ryan Higgins, Dan Martin, Joe Urwitz, Daphne Trotter, George Tzanetakos, Mark Collins, James Kim, Ana Koff, Emily Jewell, Dan Doron, Cody Ruegger and Bethany Hatef. The finance team was led by Stephanie McCann and Nicole Briody.
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