Atlanta, GA — Configure Partners, an investment banking platform specializing in debt placement and credit resolution services, announced today that it served as exclusive advisor to Diagnostic Imaging Centers of Texas (“DICOT”) in securing committed debt capital to support its refinancing and simultaneous acquisition of Desert Imaging. A portfolio company of Panos Partners, DICOT is a healthcare services platform and family of diagnostic imaging brands.

Founded in 2001 and headquartered in Houston, DICOT is a leading provider of outpatient diagnostic imaging and pain management services throughout the state of Texas, providing care for insured, underinsured, and uninsured patients. Desert Imaging operates five full-service diagnostic imaging centers in El Paso, Texas, and is the sole provider of several unique diagnostic studies in the El Paso area.

“Configure delivered a great outcome for DICOT,” said Panos Partners Founder and Managing Partner Bryan Scott. “Configure’s deep experience in the credit markets enabled us to find the right capital partner to support the business through its next stage of growth and allowed us to maintain our focus on the acquisition of Desert Imaging and other value-creating strategies.”

Configure supported all aspects of the financing process, including lender screening, approach to market, and negotiation of definitive agreements.

“We are pleased to have worked with the Panos team in helping them recapitalize their debt structure to meet DICOT’s strategic needs,” said Configure Managing Director Doug Clarida. “With the new debt capital structure now in place and having completed the Desert Imaging acquisition, we believe DICOT is well-positioned to grow and enhance its position within the diagnostic imaging industry.”

About DICOT (www.dicotexas.com)
Diagnostic Imaging Centers of Texas, through its in-market brands, has led the way for more than 20 years in providing comprehensive diagnostic imaging and pain management services using advanced technology and state-of-the-art equipment. The company attributes its success to its physicians, management, technologists, and support staff, who make up its premier practice. DICOT operates outpatient facilities in the Houston and Dallas Metroplexes, Corpus Christi, Beaumont and El Paso, Texas. Its in-market brands include Memorial MRI & Diagnostic, Prime Diagnostic Imaging, Desert Imaging, Foundation Physicians Group, and Signature RX.

About Panos Partners (www.panospartners.com)
Formed in 2016, Panos is a Dallas-based private equity sponsor focused on making investments in middle-market healthcare and business services companies. Panos’ managing partners are seasoned operating executives who have a track record of building businesses and assisting entrepreneurs grow their enterprises. Panos has $200M+ in assets under management.

About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented investment bank headquartered in Atlanta. The firm specializes in debt placement, special situations, and M&A advisory, providing superior client service and execution to private equity sponsors in acquisition finance, refinancing, and dividend recapitalization transactions. The firm’s credit resolution and special situations practice is the trusted advisor for stakeholders confronting capital structure challenges. Our people-smart team of bankers differentiates through real-time knowledge of the debt capital markets and becomes a true extension of our clients’ teams, delivering unmatched results and an exceptional client experience.