July 09, 2009

MSouth Closes the Acquisition of BC Technical, Inc.

Atlanta, GA (July 9, 2009) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the closing of its newest investment. In partnership with company management, MSouth completed the acquisition of BC Technical, Inc.

BC Technical, Inc. (, headquartered in Atlanta, GA with operations in West Jordan, UT, is the leading independent service operator of refurbished nuclear imaging systems and parts. Founded in 1995, BC Technical has grown from solely providing nuclear imaging parts to a diversified and nationwide refurbisher, supplier and servicer of a wide range of nuclear imaging systems.

Mark Feidler, an MSouth Partner, said, “We are excited to acquire BC Technical as it is the leading independent service provider in nuclear medicine and represents an excellent addition to our portfolio of business services companies. The opportunity to team with the current management group at BC Technical, with the addition of two excellent and very experienced senior executives in Mark Alvarez and Allen Smith, make this a perfect fit to capitalize on BC’s leading position and to expand in the attractive healthcare services marketplace.”

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 $25 – $125 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of business services, distribution and specialty manufacturing companies. MSouth is a successor to Cravey, Green & Wahlen, Inc. which was founded in 1984. Total capital under management exceeds $1.0 billion.