Radiation Therapy Services, Inc. (“21st Century Oncology”), the largest global, physician led provider of integrated cancer care services, has completed its acquisition of OnCure Medical (“Oncure”) for approximately $125.0 million, including $42.5 million in cash and up to $82.5 million in assumed debt. The transaction creates the largest network of radiology oncology centers in the world with combined revenue exceeding $350 million annually. Match Point Partners acted as interim management of Oncure and provided assistance with the completion of the transaction.
About Radiation Therapy Services, Inc.
Radiation Therapy Services, Inc. is the largest global, physician led provider of Integrated Cancer Care Services. The Company offers a comprehensive range of cancer treatment services, focused on delivering academic quality, cost-effective patient care in personal and convenient settings. Including the Oncure Transaction, the Company operates 165 treatment centers, including 132 centers located in 16 U.S. states. The Company also operates 33 centers located in six countries in Latin America. The Company holds market leading positions in most of its domestic local markets and abroad.
About Oncure Medical
Oncure Medical provides services to a network of 14 medical groups that treat cancer patients at its 37 radiation oncology treatment centers, making it one of the largest strategically located networks of radiation oncology service providers. Oncure Medical has treatment centers located in California, Florida and Indiana, where it provides the medical groups with the use of the facilities and administration services.