Akumin

Jacksonville, United States Founded: 2015 • Age: 11 yrs Acquired By Stonepeak
Chain of radiology centers
Annual revenue $749.6M Latest available
Total funding - 2 rounds
Employees 5486 Tracked headcount
Investors 9 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Akumin

Akumin is a company based in Jacksonville (United States) founded in 2015 was acquired by Stonepeak in February 2024. The company has 5,486 employees as of December 31, 2022. Akumin has completed 1 acquisition, including Alliance HealthCare Services. Akumin offers products and services including Radiology Procedures, Oncology Treatment, and Mobile Solutions. Akumin operates in a competitive market with competitors including RadNet, Memorial MRI & Diagnostic, Resiliencelab, SimonMed and Aris Radiology, among others.

  • Headquarter Jacksonville, United States
  • Employees 5486 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Akumin Inc.
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $749.63 M (USD)
    78
    as on Dec 31, 2022
  • Net Profit
    Not available
  • EBITDA
    $98.21 M (USD)
    119
    as on Dec 31, 2022
  • Latest Funding Round
    $382 M (USD), Debt – Conventional

    May 31, 2019

  • Investors
    Scotiabank

    & 8 more

  • Employee Count
    5486

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Stonepeak

    (Feb 09, 2024)

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Products & Services of Akumin

Akumin offers a comprehensive portfolio of products and services, including Radiology Procedures, Oncology Treatment, and Mobile Solutions.

Product name locked
Category locked
Primary

Provides exams for diagnosing medical conditions using advanced technology.

Product name locked
Category locked
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Delivers radiation therapy with personalized support for patients.

Product name locked
Category locked
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Offers flexible on-the-go diagnostic and therapy options.

People of Akumin

Headcount 1000-5000
Employee Profiles 1
Employee Profiles
People
Bill Theofilou
Board Chair

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Teams

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Funding Insights of Akumin

Investors in Akumin

Akumin has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Scotiabank, National Bank of Canada and TCW.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
H.I.G. Europe is focused on building market-leading company positions.
Locked Locked Locked
Private equity and credit investment services for North American middle-market companies.
Locked Locked Locked
Diversified alternative assets are managed through investment strategies.
Locked Locked Locked
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Investor details for Akumin

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  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Akumin

Akumin has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Alliance HealthCare Services.

Investments
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Investment portfolio details for Akumin

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Outsourced radiology, interventional, and oncology services are provided nationally.
Locked Locked 1983 Locked
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Complete acquisition details for Akumin

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Akumin

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Detailed financials for Akumin

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Akumin Comparisons

Akumin Primary company
Description
Chain of radiology centers
Location
Jacksonville, United States
Founded Year
2015
Annual Revenue
$749.63 M (USD)
Net Profit
Not available
EBITDA
$98.21 M (USD)
Employees
5,486
As of 2022
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Peer comparison for Akumin

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Competitors of Akumin

Akumin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RadNet, Memorial MRI & Diagnostic, Resiliencelab, SimonMed and Aris Radiology, among others.

Company Name Domain Founded year HQ Location Description
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Radiology centers are operated as a nationwide chain.
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Radiology labs are operated as a chain for diagnostic services.
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Chain of wellness centre
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Radiology services are delivered through a network of labs.
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Radiology services are delivered through a chain of labs.
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Detailed competitors of Akumin

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Latest news on Akumin

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Complete news archive for Akumin

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Frequently Asked Questions about Akumin

Akumin was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Akumin is headquartered in Jacksonville, United States.

Riadh Zine is the current CEO of Akumin.

As of Dec 31, 2022, the latest employee count at Akumin is 5,486.

Annual revenue of Akumin is $749.63M as on Dec 31, 2022.

Akumin was founded in 2015 and is headquartered in Jacksonville, United States. Operations are focused on the healthcare sector, specifically diagnostic imaging. A network of outpatient radiology centers is maintained to deliver services such as MRI, CT scans, and mammography. These facilities serve patients across multiple locations in the country, supporting medical diagnostics and treatment planning.

Akumin's top competitors include RadNet, Resiliencelab and American Health Imaging.

Akumin offers Radiology Procedures, Oncology Treatment, and Mobile Solutions.

Akumin has made 1 acquisition, including Alliance HealthCare Services.

Akumin has 9 investors. Key investors include Scotiabank, National Bank of Canada, TCW, BankUnited, and Stonepeak.

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