Hyde Park Capital Announces Sale Of Advanced Diagnostic Group To ADG Acquisition Holdings
Tampa, Florida - February 10, 2011 - Hyde Park Capital Advisors, LLC (“Hyde Park Capital”) is pleased to announce the recently completed sale of AFO Imaging, Inc. (dba Advanced Diagnostic Group), a Tampa, Florida‐based corporation majority owned by Banyan Mezzanine Funds and Harbert Mezzanine Partners, to ADG Acquisition Holdings, LLC. Hyde Park Capital served as the investment banker and financial advisor to Advanced Diagnostic on the sale of the Company.
Advanced Diagnostic Group is a leading provider of magnetic resonance imaging (MRI) and X‐ray medical imaging services specializing in Florida Personal Injury Protection (PIP) business across northern and central Florida. For additional information about Advanced Diagnostic Group, visit www.advanceddiagnosticgroup.com.
“We greatly appreciate the efforts of Hyde Park Capital who helped us throughout the entire transaction process and played a key role in the successful sale of Advanced Diagnostic”, commented Amir Glogau, President and CEO of Advanced Diagnostic.
“Hyde Park Capital’s level of professionalism and commitment from inception to close far exceeded my expectations. Advanced Diagnostic Group is a wonderful success story built with hard work, vision and an unquestioned commitment to serving patients”, said John McDonald, Senior Managing Director at Hyde Park Capital.
“This transaction is a win for both the buyer and seller, and it has been a complete honor and privilege to work with these companies.”
About Hyde Park Capital
Hyde Park Capital is an institutionally focused investment banking firm specializing in mergers and acquisitions and private placements and serving the corporate finance needs of middle market public and private companies. Our principals have extensive investment banking experience executing merger & acquisition engagements, including purchase and sale of company assignments, recapitalizations, financial advisory, fairness opinions and raising growth capital and acquisition financing for companies, including equity, mezzanine and senior debt. As one of the most active investment banking firms in Florida and the Southeast, our professionals have advised on more than 300 corporate investment banking transactions totaling more than $10 billion in transaction value. We are headquartered in Tampa, Florida and are a member of FINRA and SIPC. For additional information about Hyde Park Capital, visit www.hydeparkcapital.com or call (813) 383‐0202.