November 17, 2017
MSouth Announces the Successful Exit of BC Technical, Inc.
Atlanta, GA (November 17, 2017) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the sale of BC Technical, Inc., a leading independent service operator providing outsourced maintenance services on diagnostic imaging systems across all major modalities and all major OEMs. BC Technical currently services ~2,300 systems across the U.S., providing value-added refurbishment and maintenance services to hospitals and imaging centers.
“We are pleased to announce the successful sale of BC Technical,” said Mark Feidler, an MSouth Partner. “The sale represented the culmination of a multi-year buy-and-build strategy led by Mark Alvarez.”
MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued between $25 and $150 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of companies in sectors where the firm has significant investment, management and transactional experience. MSouth invests with the objective of increasing operating cash flow through growth initiatives and active ownership. A key element of MSouth's investment strategy is partnering with proven management teams to create value. Founded in 2007, MSouth manages $1.3 billion with three active funds. MSouth is the successor to Cravey, Green & Wahlen, which was formed in 1984.