News

626 Makes 2 Big Moves

Already one of the fastest-growing third-party companies in the healthcare technology management (HTM) market, 626 Opco LLC (626) has acquired Digitec Medical and Independence Cryogenic Engineering (ICE).

Mon Oct 04 2021By MedWrench News Team

“I am honored and humbled that these two very successful organizations have given our 626 family an opportunity to bring them into our culture of rapid growth and winning,” said Phil Revien, CEO of 626. “It is important to acknowledge that without the amazing team of employees we currently have, our organization’s rapid growth would not be possible. I want to thank my team members and new team members, as well as our incredible customers, for your continued support of our ever-growing 626 brand. I value each and every one of you for your hard work, dedication and loyalty.”

Operating since 1982, and based in Lawrenceville, Georgia, Digitec is a leading third-party, multi-OEM mammography solution provider of service, training and parts.

“We have watched 626 grow exponentially over the past few years,” said Jim Mcghinty, owner of Digitec. “We decided to partner with 626 as a way to accelerate our growth and market presence. Our team could not be more excited to join Phil, Michael and the 626 family of companies as they continue to impress and show their commitment to our combined customers. We look forward to our role in making this crucial part of the 626 portfolio even stronger.”

“For more than 25 years, ICE has been specializing in compressors, cold heads, lines and helium in support of its growing customer base. Having created its own proprietary technology, the company has solidified itself by evolving the finest product in the space. Located in Egg Harbor, NJ, this is a tremendous geographic fit and solution addition for the team at 626, as they further develop their capabilities in comprehensive MRI service,” according to a news release.

“With our market position and growth rate, we are very excited to join the 626 family. We are eager to partner with someone who is willing to invest in us and put people in the right place who can take us to the next level,” said Frank Hughes, owner of ICE. “From an overall solution provider perspective, we know they are committed to their customer base in MRI, and we know they will make the necessary investments to help with the scalability that we need to help us grow.”

“We are so thrilled to continue our strategy of organic growth and growth through acquisition. We love the strategic fit of ICE and Digitec. These are great companies with great cultures, great people, and they’re going to fit right in with 626. We are additionally thrilled to have improved our mammography service offer in October; Breast Cancer Awareness Month. This fits well with our 626 Gives philanthropic efforts,” 626 President Michael Fischer said.

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