Bloomfield Hills’ O2 Investment Partners Expands Medical Imaging Platform

Modular Devices, a provider of mobile and modular medical imaging equipment labs and cleanroom solutions, and a portfolio company of Bloomfield Hills’ O2 Investment Partners, today announced it has partnered with Interim Diagnostic Imaging (IDI).
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With the investment in Interim Diagnostic Imaging, Modular Devices moves towards its goal of becoming one of the largest lessors of medical imaging suites in the country. // Courtesy of Interim Diagnostic Imaging
With the investment in Interim Diagnostic Imaging, Modular Devices moves towards its goal of becoming one of the largest lessors of medical imaging suites in the country. // Courtesy of Interim Diagnostic Imaging

Modular Devices, a provider of mobile and modular medical imaging equipment labs and cleanroom solutions, and a portfolio company of Bloomfield Hills’ O2 Investment Partners, today announced it has partnered with Interim Diagnostic Imaging (IDI).

“The partnership with Modular Devices came at an opportune time when Interim Diagnostic Imaging is pursuing an aggressive growth strategy of adding more mobile labs to the fleet,” says Lynn Behrns, president of Interim Diagnostic Imaging. “We look forward to combining forces with Modular Devices to become one of the largest lessors of medical imaging suites in the country.”

IDI is a provider of mobile CT and MRI medical imaging labs in the U.S. and Canada. For almost 20 years, IDI has supplied short- and long-term medical imaging suite rentals. IDI is headquartered in Plymouth, Minn.

“The addition of Interim Diagnostic Imaging significantly increases Modular Devices’ fleet while providing diversification and improving our product offering,” says Greg Mink, CEO of Modular Devices. “The combined company will now offer our customers a full range of medical imaging labs including catheterization, cleanroom, PET/CT, MRI, and CT. We are excited to better serve our customers and execute our expansion strategy.”

Pat Corden of O2 Investment Partners says, “We are excited to bring Interim Diagnostic Imaging and Modular Devices together. IDI’s reputation and performance in the mobile CT and MRI market is highly complementary to our growing platform. Interim Diagnostic Imaging joining the platform marks the second investment for Modular Devices within a 12-month period. We look forward to working together towards an exciting future.”

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