NEWS
Partnering with
Quadrant Private Equity
Carlisle Health Partners with Quadrant Private Equity
Carlisle Health is pleased to announce that Quadrant Private Equity (QPE) has signed an agreement to invest in the business in partnership with existing radiologist shareholders and management. The partnership will support the next phase of growth and continue Carlisle’s dynamic and innovative approach to the market.
Carlisle Health operates a platform of 24 diagnostic imaging clinics across NSW and Queensland with more than 500 staff and over 70 radiologists.
Jason Nagy, Founder and Director of Carlisle Health, said: “This is an exciting partnership, as Quadrant brings both the experience and financial strength to support Carlisle’s growth. The partnership will support further investments in existing clinics, the opening of new clinics, the introduction of new complex modalities, as well as fund additional acquisitions – all of which stand to benefit our doctors and clinical staff, as well as our referrers and patients”.
Gareth Woodbridge, Managing Partner and Co-Head of the Buyout Strategy at QPE said: “We are excited to partner with Carlisle’s radiologists, management and staff. Carlisle is a strong platform with a reputation for delivering quality care for patients supported by leading radiologists. We look forward to supporting Carlisle by leveraging our extensive healthcare and specific radiology experience.”
The transaction is expected to be completed in September 2025, subject to customary closing conditions.
Carlisle Health was advised by Allier Capital, Jones Day and Piper Alderman.
QPE was advised by Stanton Road Partners, King & Wood Mallesons and PwC.
About Carlisle Health
Carlisle Health adopts a dynamic and innovative approach, having started with a single clinic on the Central Coast of NSW to now operate a network of 24 clinics across NSW and Queensland. Led by an experienced team, the group has grown rapidly both through acquisition and organically through investment in its clinics and partnership with its doctors and referrers. Carlisle is now well positioned to move into its next phase of growth and continue to pursue its objective of innovating in the industry. (www.carlislehealth.com.au)
About Quadrant Private Equity
QPE is a leading mid-market private equity firm investing across Australia and New Zealand. QPE has raised more than $10 billion in commitments across 15 funds, made over 100 investments and achieved 70 successful exits. QPE’s performance is attributed to its founder-aligned strategic approach. QPE has significant healthcare sector experience across Icon Cancer Care, Virtus Health, Estia Health, Partnered Health, Cancer Care Associates and Evolution Surgical, as well as a successful partnership in radiology with Qscan. (www.quadrantpe.com.au)