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Triton backing German radiology company

Private equity firm Triton, through one of its managed funds, is investing an undisclosed amount in Deutsche Radiologie Holding.

The Triton Smaller Mid-Cap Fund entered into the agreement alongside Deutsche Radiologie's management team and the owners of shareholder Tempus Capital GmbH. The transaction marks the seventh investment to date for the fund, which backs mid-cap companies in the industrial, business services, consumer and health sectors.

Frankfurt, Germany-based Deutsche Radiologie provides succession solutions to radiology and radiotherapeutic practices.