Source raises $16 million

AuntMinnie.com staff writers
May 9, 2006

Information systems provider Source Medical Solutions has raised $16 million via the placement of Series E preferred stock.

The financing, led by private equity firm ABS Capital Partners, will be used to provide capital for expansion purposes and to retire existing debt obligations, according to the Birmingham, AL-based vendor.

By AuntMinnie.com staff writers
May 10, 2006

Related Reading

Source adds RIS/PACS sale, February 17, 2006

Source builds client list, November 21, 2005

Road to RSNA, Source Medical Solutions, November 18, 2005

Source Medical, ScImage partner on integrated RIS/PACS, November 14, 2005

Road to RSNA, Source Medical Solutions, November 11, 2005

Copyright © 2006 AuntMinnie.com

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