Milbank LLP represented JPMorgan Chase Bank, N.A., as administrative agent and joint lead arranger and joint bookrunner in the financing of leading US private equity firm American Securities’ investment in SimonMed Imaging, Inc. (“SimonMed”).
Based in Scottsdale, Arizona, SimonMed is one of the largest independent medical imaging providers and physician radiology practices in the United States with over 2,200 employees and approximately two million patient visits a year. SimonMed has 147 diagnostic medical imaging centers across 11 states and nearly 200 subspecialty-trained radiologists offering the full modality of diagnostic scans, including 3T MRI, CT, ultrasound, 3-D mammography, PET/CT, nuclear medicine, DEXA and x-rays, among others.
The Milbank team was led by New York-based Global Leveraged Finance partner Jerome McCluskey with associates Christopher Kwan, Ted Pilkati and Nicole Rose.
