Midwest Imaging Professionals, LLC has joined Radiology Partners

Midwest Imaging Professionals (MIP), based in Illinois, has partnered with Radiology Partners. MIP is one of the largest radiology practices in Illinois, with 36 radiologists serving eight hospitals in the Chicagoland area. The practice currently serves 50 percent of the Presence Health System, the second largest health system in Illinois.

Radiology Partners, a leading onsite radiology practice, is the largest physician-led and physician owned radiology practice in the U.S., serving approximately 500 hospitals and other healthcare facilities across 14 states.

“The opportunity to align our practice with Radiology Partners’ scale, experience, and reputation was simply not one that could be overlooked,” said Scott Seberg, CEO of Midwest Imaging Professionals. “Our physicians and hospital partners are thrilled with the outcome of our discussions with RP, and we look forward to our partnership and the intrinsic benefits RP affords with a high degree of anticipation.”

“We are excited about RP’s continued Illinois expansion through our recent partnership with the tremendous physicians of MIP,” said Rich Whitney, Chairman and CEO of Radiology Partners. “This partnership, along with an outstanding hospital system partner in Presence Health, provides further opportunity to transform radiology in Illinois.”

LR Tullius represented and acted as financial advisor to Midwest Imaging Professionals, LLC. Terms of the transaction were not disclosed.


  • “Especially in today’s market, selling your business can be a life changing event.  Choosing a winning team to represent your company in this important event is key to receiving the best possible outcome.  Lance and his team far exceeded my expectations by achieving a multiple that was 25% higher than my best expectation.  It was a pleasure to work with Lance’s high performance and attentive team throughout the entire process. I cannot recommend Tullius more highly.”

    Michael Botha Former President, Sandwich Isle Pest Solutions.
  • “Selling your business is complex and comprehensive.  Lance Tullius and his team paved the road for what became a very successful transaction.  They guided us through every step with candid and sound counsel.  I’m happy to say that in addition to having become a trusted confidante of mine, I’m happy to call Lance a friend as well.”

    Stuart Aust President, Bug Doctor, Inc.
  • "Tullius did an excellent job facilitating all aspects of our transaction. It has been two years since our deal was completed and I’m very happy with the decision we made, and the role Tullius played in the process and outcome. They are the best of the best!"

    Garry Tank Former President, Buffalo Exterminating

Other Transactions