TA Portfolio Company Intelerad to be Acquired by GE HealthCare
TA Associates (“TA”), a leading global private equity firm, today announced that GE HealthCare has entered into an agreement to acquire Intelerad, a global leader in medical imaging software and enterprise workflow solutions, in a transaction valued at approximately $2.3 billion. As part of the transaction, TA and Hg will fully exit their investments in the Company.
Since TA’s investment in 2022, Intelerad has accelerated its growth trajectory, strengthening its leadership in cloud-based and AI-powered imaging solutions across the healthcare industry. TA supported the company in expanding its presence in high-growth outpatient and ambulatory care settings, advancing product innovation and scaling global operations.
“We are grateful for the opportunity to have partnered with the Intelerad team and believe the Company’s next chapter with GE HealthCare will further strengthen its ability to deliver innovative, cloud-based imaging solutions to providers worldwide,” said Mark Carter and Ethan Liebermann, Managing Directors at TA, and Greg Majno, Senior Vice President at TA.
GE HealthCare’s acquisition will combine Intelerad’s advanced imaging and workflow orchestration capabilities with GE HealthCare’s clinical expertise and scale, creating a comprehensive, cloud-first and AI-enabled imaging platform spanning hospital, outpatient and teleradiology networks.
The transaction is expected to be completed in the first half of 2026, subject to customary closing conditions and regulatory approvals.
About Intelerad
Intelerad is one of the leading medical imaging software platforms for the healthcare industry. Nearly 2,500 healthcare organizations around the world rely on Intelerad products to manage patient data, improve imaging efficiency and quality, and elevate patient outcomes. For more information on Intelerad and its leading technology solutions, visit www.intelerad.com.
About TA
TA is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five core sectors - technology, business services, financial services, healthcare and consumer. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has more than 160 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong.