626 Holdings LLC has acquired California Radiographics Inc. (CRI).
“CRI could not be a better fit. From a culture standpoint, a modality strengthening, a geographic expansion and a listening to our customers’ needs, CRI hits on all objectives. We are very excited about our future with CRI,” stated Philip Revien, CEO of 626.
“The core question Phil and I continue to ask ourselves is: is this the best move for our customer? If the answer is yes and it will increase our value to our customers and their patients, we have our answer,” 626 Preisdent Michael Fischer said.
In business since 1977 and based in Soquel, California, CRI is a leading OEM and third-party provider in the X-ray space throughout most of California. From technical support with parts identification, to new and used equipment sales, service, installation and deinstallation, CRI delivers an end-to-end solution for medical X-ray to multiple channels.
“CRI and 626 have a lot in common. Both are family businesses, founded as a high quality, agile, cost advantageous solutions for OEM and aftermarket service and support for our varied customer base. We have been and will remain dedicated to our employees, customers and their patients. After spending time planning next steps for optimal CRI growth with Phil and Michael, there was no doubt that the best decision was an alliance with 626,” CRI General Manager Roger Buttacavoli said.
626’s purchase of Walsh Imaging in 2017, ISS in 2019, PhiGEM in 2020 and both ICE and DigitecMedical earlier this year, follows its approach to base acquisitions on what matters most to them; family. This method has proven to be successful as they were able to double Walsh Imaging and ISS business within two years and they plan to do the same with CRI.
For more information, visit www.weare626.com.
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