News: GMI Growth Capital Investment (06/10/2009)
Global Medical Imaging (GMI) Growth Capital Investment
Company looks forward to accelerated growth
Charlotte, NC – (June 5, 2009) – Global Medical Imaging, LLC (GMI), a leading provider of diagnostic ultrasound systems and servicing, announced today that it has secured a capital investment from WJ Partners, LLC to help fund its accelerated future growth plans.
Since its inception in 2002, GMI has rapidly grown into the largest non-OEM ultrasound provider in the United States. GMI has built the leading R&D probe repair facility in the world and developed the capabilities to fully support all major manufacturer platforms found in both private practice and hospital settings, including the Philip’s iU22-iE33 platforms.
GMI’s founders, Scott Ray and Ryan Dienst, have been focused on building on these successes and extending the company’s exceptional growth. They see tremendous opportunities in the market and have secured this investment to strengthen and expand GMI’s position as the leading alternative to the OEMs in selling, supporting, and maintaining diagnostic ultrasound equipment.
In addition to retaining a significant ownership in GMI, Dienst and Ray will continue to manage the business and lead its outstanding team. The growth capital investment comes from WJ Partners, LLC, a private investment firm based in Spartanburg, South Carolina led by George Dean Johnson, Jr. and Benjamin Wall.
Founders Dienst and Ray are thrilled about the opportunity. “Securing this capital allows us to accelerate our plans to reach more customers with a cost effective solution for diagnostic ultrasound and enables us to better fulfill our mission of ‘Lowering the Cost of High Quality Healthcare’™. To be able to do this with partners like Mr. Johnson who founded or help build companies like Extended Stay America, Advance America and Blockbuster Entertainment is truly exciting.”
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About GMI
Global Medical Imaging (GMI), based in Charlotte, N.C., is a full service ultrasound sales, service and repair company. GMI sells new and fully reconditioned ultrasound equipment that allows our customers to save 20-50% off of traditional original equipment manufacturer (OEM) pricing. GMI also provides financing solutions with in-house leasing and a unique “Trade-Up” program that guarantees customers will be able to cost effectively upgrade their equipment as technology or their needs change. All systems purchased from GMI have a one-year warranty, 90 day satisfaction guarantee, and service/support contracts are available for all ultrasound systems.
GMI also has a full suite of products and services including ultrasound parts, probe repair, TEE repair, training, and technical support to support the biomedical and clinical engineering service providers. GMI enables world class facilities to use their own resources to better support all of their ultrasound equipment saving their facilities significant money, reducing downtime and improving internal customer satisfaction. GMI is building a partnership with biomeds, imaging engineers, hospitals and healthcare providers all across the country by helping empower them to better support their ultrasound assets.
GMI is dedicated to “Lowering the Cost of High-Quality Healthcare”™.
For more information on GMI’s ultrasound sales, financing arrangements, parts, probes or repair services, please visit www.gmi3.com, or contact Ryan Dienst at 1-800-958-9986.
About WJ Partners, LLC
Founded in 2008, WJ Partners, LLC invest in fundamentally solid companies and creates value by providing financial, strategic, and management resources in order to capture growth opportunities and enhance operating efficiency. The investment strategy focuses on companies operating in service related sectors and located in the southeastern United States. The firm is led by Benjamin Wall and George Dean Johnson, Jr.
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Media Contact: Ryan Dienst
Global Medical Imaging, LLC
Tel: 704-940-7755
Fax: 704-940-7756