McDermott Represents Center for Diagnostic Imaging in Acquisition of Smart Choice MRI | McDermott

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McDermott Represents Center for Diagnostic Imaging in Acquisition of Smart Choice MRI

November 25, 2020

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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.
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