NEWS

Allens advises on acquisition financing of the Jones Radiology business

Key advisers: Lisa Zhou, Hannah Biggins, Elyse Adams
Finance, Banking & Debt Capital Healthcare

Allens congratulates Jones Radiology partner doctors on the acquisition of the Jones Radiology business, a leading provider of diagnostic imaging services with 29 clinics across South Australia and the Northern Territory.

Allens advised the Commonwealth Bank of Australia (CBA) – the sole funder on the  transaction – which involved the acquisition of a 49% shareholding previously held by I-MED Radiology. Jones Radiology’s practising doctors are now the full owners of the Jones Radiology business.

This milestone reflects the doctors’ long-standing commitment to the business and positions Jones Radiology for continued growth and innovation in patient care.

'This transaction highlights a broader trend of clinician-led ownership models in healthcare, which is driving more agile and patient-focused service delivery,' said lead partner Lisa Zhou.

'We’re proud to have supported CBA on this transformative deal for Jones Radiology and to bring our deep sector expertise to bear to achieve completion.'

Allens legal team

Finance, Banking & Debt Capital

Lisa Zhou (Lead Partner), Sarah Denton (Managing Associate), Catherine Huynh (Associate), Fiona More (Overseas Practitioner)

M&A and Capital Markets

Hannah Biggins (Partner), Isabella Watkins (Associate) 

Technology, Media & Telecommunications

Elyse Adams (Partner),  David Liao (Senior Overseas Practitioner)