Private equity firm acquires Radiation Therapy Services

By Lisa Kerner

Charlotte, N.C., Feb. 21 - The $1.1 billion merger of Radiation Therapy Services, Inc. with Vestar Capital Partners affiliate Radiation Therapy Services Holdings, Inc. was completed as planned on Thursday, according to a Vestar news release.

As previously reported in October, Vestar agreed to acquire Radiation Therapy for $32.50 per share.

Radiation Therapy operates radiation treatment centers primarily under the name 21st Century Oncology. The company is based in Fort Myers, Fla.

Vestar Capital Partners is a private equity firm with offices in New York and other cities.

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