Navagant, a leading middle-market investment bank, advised Medality (formerly MRI Online), the leading SaaS subscription provider of education and practice development solutions for radiologists, on its sale to TrueLearn, a portfolio company of LLR Partners.
Based in Cincinnati, Ohio, Medality is the leading education and practice development platform for radiologists, helping tens of thousands of radiologists from over 100 countries upskill in advanced imaging areas. Its case-based, microlearning video courses are taught by expert faculty and feature integrated cases designed to simulate clinical practice from anywhere, anytime. Medality partners with 150+ academic institutions and radiology practices through training, professional development, and compliance solutions to help tackle the global workforce shortage.
Driving Growth and Transforming for the Digital Age
By combining Medality’s innovative education and practice development solutions with TrueLearn’s robust learning and analytics platform, the combined organization is poised to provide unparalleled educational resources to radiologists. This partnership will improve diagnostic accuracy and efficiency and expand the breadth of radiology practices globally, ultimately leading to better patient outcomes.
We’re excited to partner with TrueLearn to expand our course library, technology platform and capabilities for our learners and institutions. Almost every medical condition relies on quality medical imaging. Medality enables radiologists to upskill in high-growth, advanced imaging areas, improving standards of care in cardiac imaging, stroke imaging, cancer diagnostic imaging, musculoskeletal disorders and so much more. TrueLearn’s expertise in analytics, focus on learner outcomes, and shared mission to make an impact in medical education makes them a great partner to drive patient outcomes and continue our rapid growth.
— Daniel Arnold, Co-Founder & CEO, MedalityDaniel and his team have built an incredible SaaS platform with impressive global reach. TrueLearn is the ideal partner for Medality to continue its growth trajectory while enhancing its offering through a more robust learning platform and enhanced analytics. We could not be more pleased with this outcome nor prouder to have represented the market leader in radiologist education and practice development.
— Shawn Keenan, Managing Director, NavagantAbout Navagant
Navagant is a middle-market investment bank serving entrepreneurs, family-businesses, large corporations, and financial sponsors seeking to optimize their transaction outcomes. Our sell-side advisory services include mergers and acquisitions, majority and minority recapitalizations, management buyouts and corporate carve-outs. With a conscious-capital mission and a team of experienced investment banking professionals, Navagant delivers tailored solutions to help organizations unlock value and achieve life-changing outcomes.
For more information, please visit www.navagant.com.