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Travers Smith advises CVC DIF on the acquisition of medneo UK

Overview

Travers Smith has advised CVC DIF, the infrastructure strategy of leading global private markets manager CVC, on the acquisition of medneo UK, a leading mobile diagnostic imaging company specialising in MRI and CT services.

Established in 2018, medneo UK is an expert provider of diagnostic imaging services to NHS Trusts and healthcare providers across the UK. Through its fleet of more than 20 state-of-the-art mobile scanners and its London centre, the business’ highly skilled team of radiographers provide MRI and CT imaging services to more than 130,000 patients a year. medneo UK is being acquired from medneo Group by CVC DIF's CIF III fund.

Our team on this transaction was led by Infrastructure and Corporate M&A Partner Jonathan Walters, supported by Partner Hugh Hutchison, and also included Senior Associate Fabian McNeilly and Associate Marie Morazzani.

Our work follows advising DIF Capital Partners (now CVC DIF) on its investment in Pinnacle Power last year.

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