Canada Diagnostic Centres Acquires Shift Imaging in Alberta
CDC, backed by Novacap, expands its community imaging footprint with the purchase of Grande Prairie-based Shift Imaging.
Canada Diagnostic Centres (CDC), a Novacap-backed diagnostic imaging provider, announced Monday the acquisition of Shift Imaging, a medical imaging clinic operating in Grande Prairie, Alberta — marking another step in CDC's expansion across Canadian communities.
The deal broadens CDC's network of community-based diagnostic facilities, bringing Shift Imaging's Grande Prairie operations under the umbrella of one of Canada's leading independent imaging providers. Grande Prairie, a regional hub in northwestern Alberta, serves a large surrounding population that depends on accessible local healthcare services.
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CDC has positioned itself as a consolidator in Canada's fragmented community imaging market, leveraging Novacap's private equity backing to pursue acquisitions that extend its geographic reach and service capacity. Adding an established clinic like Shift Imaging allows CDC to absorb existing patient relationships and infrastructure rather than building from the ground up.
The transaction reflects broader trends in Canadian healthcare, where private equity-supported platforms are increasingly acquiring independent diagnostic clinics to create scale, standardize operations, and negotiate more effectively with provincial health systems. For patients in Grande Prairie, the acquisition could signal expanded service offerings or updated technology as CDC integrates the clinic into its broader network.
Financial terms of the deal were not disclosed. Continue reading at GlobalNewswire.
