Avista Capital Partners Acquires Probo Medical from Varsity Healthcare Partners

Varsity Healthcare Partners Recapitalizes Probo Medical

October 1, 2018

Medical Devices

Varsity Healthcare Partners completed a joint recapitalization and growth capital partnership with Probo Medical, a vertically-integrated reseller of refurbished ultrasound systems and probes. Probo's founder and CEO David Trogden will remain in place as the company partners with VHP to accelerate growth through strategic acquisitions and expanded global procurement and sales capabilities.

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 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 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 IMAX Medical

February 24, 2021

Medical Devices

Probo Medical, a global provider of refurbished medical imaging equipment and a portfolio company backed by Varsity Healthcare Partners, has acquired IMAX Medical, a Nantes-based specialist in buying, selling and logistics of pre-owned diagnostic imaging equipment. The acquisition expands Probo's presence in France and strengthens its European sourcing, sales and logistics capabilities for refurbished imaging systems.

Probo Medical Acquires Davis Medical Electronics

November 16, 2023

Medical Devices

Probo Medical, a provider of diagnostic imaging equipment and services backed by Avista Capital Partners, has acquired Davis Medical Electronics, Inc., a long-standing supplier of cardiology equipment and supplies founded in 1983. The deal expands Probo's cardiology-focused offering and strengthens its footprint in the western United States; financial terms were not disclosed.