Akumin

Jacksonville, United States Founded: 2015 • Age: 11 yrs Listed Acquired By Stonepeak
Chain of radiology centers

About Akumin

Akumin is a Healthcare company based in Jacksonville (United States) founded in 2015, and was acquired by Stonepeak in February 2024. Chain of radiology centers. The company has 5,486 employees. Akumin has completed 1 acquisition, including Alliance HealthCare Services. Its chief executive, as recorded, is Riadh Zine. Its website akumin.com draws about 168 thousand monthly visits. Akumin offers products and services including Radiology Procedures, Oncology Treatment, and Mobile Solutions. Its focus areas include Clinical Laboratory Chains and Radiology. Its legal entity is Akumin Inc. Its competitors include RadNet, Memorial MRI & Diagnostic and Resiliencelab; 1 of its 3 listed competitors has raised funding.

Company details

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.

  • Headquarters Jacksonville, United States
  • Employees 5,486
  • Stage Acquired
  • Sectors
    Healthcare
  • Website category Health
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website akumin.com
  • Social LinkedIn X Facebook
  • Acquired by Stonepeak (Feb 2024)
  • Legal Name Akumin Inc.
Operational Areas
Key Metrics
  • Annual Revenue
    $749.63 M (USD)
    78
    as on Dec 31, 2022
  • EBITDA
    $98.21 M (USD)
    119
    as on Dec 31, 2022
  • Latest Funding Round
    $382M (USD), Debt – Conventional

    May 2019

  • Investors
    Scotiabank

    & 8 more

  • Employee Count
    5,486
  • Investments & Acquisitions
  • Acquired by
    Stonepeak

    (Feb 2024)

Products & Services of Akumin

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

Radiology Procedures
Diagnostic Imaging

Provides exams for diagnosing medical conditions using advanced technology.

Oncology Treatment
Cancer Care

Delivers radiation therapy with personalized support for patients.

Mobile Solutions
Interim Services

Offers flexible on-the-go diagnostic and therapy options.

Funding Insights of Akumin

  • Total Rounds 2
  • Last Round Debt – Conventional β€” $382M
  • First Round $130M

    (Aug 2018)

  • Investors Count 8

All 2 funding rounds of Akumin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2019$382MDebt – Conventional––
Aug 2018$130MDebt – Conventional––
–
Valuation history

9 investors in total: 9 institutional.

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
InvestorDescriptionFounded YearDomainLocation
H.I.G. Europe is focused on building market-leading company positions.
higeurope.comLondon, United Kingdom
Private equity and credit investment services for North American middle-market companies.
comvest.com
Diversified alternative assets are managed through investment strategies.
1986bcpartners.comLondon, United Kingdom
Commercial, retail banking, and wealth management services are provided.
2007bbvacompass.comBirmingham, United States
Equity and fixed income mutual funds are managed by TCW.
1971tcw.comLos Angeles, United States
Commercial banking services are provided internationally by Scotiabank.
1832scotiabank.comToronto, Canada
Commercial bank
1984bankunited.comMiami, United States
Commercial bank
1859nbc.caMontreal, Canada
A leading alternative investment firm specializing in infrastructure and real assets
2011stonepeak.comNew York, United States
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Investor details for Akumin

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People of Akumin

2 people are tracked at Akumin (1 in leadership, 1 in team); the tracked headcount is 5,486.

NameRoleGroup
Riadh Zine
CEO & PresidentLeadership
Bill Theofilou
Board ChairTeam
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Investments & Acquisitions by Akumin

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

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Outsourced radiology, interventional, and oncology services are provided nationally.
alliancehealthcareservices-us.comIrvine, United States1983Jun 2021$820M
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Timeline of Akumin

6 dated milestones of Akumin across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Akumin is founded.
  2. Funding First funding round of $130.0M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Debt – Conventional, of $382.0M.
  5. Acquisition Acquires Alliance HealthCare Services.
  6. Exit Acquired by Stonepeak.

Competitors of Akumin

Akumin has 3 listed competitors in our database, 1 of them funded. They include RadNet, Memorial MRI & Diagnostic and Resiliencelab.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
radnet.com1984Los Angeles, United States6,946
Radiology centers are operated as a nationwide chain.
memorialdiagnostic.com2001Houston, United States336
Radiology labs are operated as a chain for diagnostic services.
resiliencelab.us2019Astoria, United States$15M
Chain of wellness centre
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Detailed competitors of Akumin

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Web traffic of Akumin

The website of Akumin (akumin.com) receives about 167.9K visits a month and ranks #151,379 among all websites worldwide, #4,707 in Health.

  • Monthly visits
    167.9K

    ▼ 7.6% vs previous month

  • Unique visitors
    49.4K

    per month

  • Global rank
    #151,379

    among all websites

  • Category rank
    #4,707

    Health · Health

Similar websites

Websites whose visitors overlap most with Akumin. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
simonmed.com
100%
502K#93,102View details
bkmedical.com
93%
13.5K#1,910,815View details
precisionimagingcenters.com
93%
#2,442,215View details
liquivida.com
liquivida.com
93%
#1,490,709–
solismammo.com
93%
190.7K#267,923View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 29 similar websites and full traffic analytics for Akumin

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  • Audience overlap
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Related news about 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 CEO of Akumin, as recorded in our data.

Akumin has 5,486 employees.

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 Memorial MRI & Diagnostic.

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.

Akumin operates through Akumin Inc..

Yes. Akumin was acquired by Stonepeak in February 2024.

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