Varsity Healthcare Partners Recapitalizes Probo Medical

Avista Capital Partners Acquires Probo Medical from Varsity Healthcare Partners

March 8, 2022

Healthcare Services

Avista Capital Partners has acquired Probo Medical, a global supplier of refurbished diagnostic imaging equipment and related services, from Varsity Healthcare Partners. The transaction (terms undisclosed) will support Probo’s growth and international expansion of its repair, rental, sales and service capabilities across multiple imaging modalities.

Probo Medical Acquires Elite Medical Technologies and Future Medical Equipment

February 10, 2020

Medical Devices

Probo Medical acquired Elite Medical Technologies (US) and Future Medical Equipment (UK) to expand its footprint in pre-owned and refurbished medical imaging equipment and related services; terms were not disclosed. Probo — which is backed by Varsity Healthcare Partners — said both Elite Medical and Future Medical management teams will remain in place as the businesses integrate with Probo's supply chain and sales channels.

Probo Medical Acquires Ultra Select Medical

April 26, 2023

Medical Devices

Probo Medical, a provider of diagnostic imaging equipment and services backed by Avista Capital Partners, has acquired Ultra Select Medical, a Charleston-based provider of ultrasound sales, service, maintenance, repair and training. Terms were not disclosed; the deal expands Probo's ultrasound distribution, service and OEM partnership capabilities across the U.S.

Probo Medical Acquires Mi Healthcare

August 15, 2022

Healthcare Services

Probo Medical, a Tampa-based diagnostic imaging equipment provider backed by Avista Capital Partners, has acquired Mi Healthcare, a Liverpool-based supplier of ultrasound and x‑ray sales, rental and service solutions across the United Kingdom. The acquisition expands Probo’s diagnostic imaging sales, rental and service capabilities across the UK and supports the company’s ongoing European expansion; terms were not disclosed.

Probo Medical Acquires SonoDepot

April 19, 2021

Healthcare Services

Probo Medical, a provider of refurbished medical imaging equipment and services backed by Varsity Healthcare Partners, has acquired SonoDepot, a St. Cloud, Florida-based ultrasound service, maintenance and repair specialist. The acquisition expands Probo's coast-to-coast service footprint and adds specialized ultrasound field service engineers and leasing capabilities to its platform.

Probo Medical Acquires National Ultrasound, Inc.

May 5, 2023

Healthcare Services

Probo Medical, a provider of diagnostic imaging equipment and services backed by Avista Capital Partners, has acquired National Ultrasound, Inc., a Duluth, Georgia-based ultrasound sales and service company. The add-on deal expands Probo’s ultrasound sales, service and veterinary market capabilities; terms were not disclosed.