Operating Company Healthcare

Probo Medical

Fishers, Indiana, United States

Provider of new and meticulously refurbished diagnostic imaging equipment, plus related sales, repairs, rentals, and installation/de-installation services.

Focus Areas
Diagnostic imaging equipment sales, Diagnostic imaging equipment refurbishing, Medical imaging equipment repair and service

Tracked deals

13

13 tracked deals across 2020-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

11 addon · 1 buyout · 1 divestiture

Probo Medical Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Probo Medical. 1 2020 4 2021 3 2022 4 2023 1 2024

Supporting Data

Recent Transactions

Showing the 12 most recent of 13 tracked deals for Probo Medical.

  • Buyer
    Probo Medical, Avista Capital Partners
    Target
    Alpha Source Group
    Type
    Addon

    Probo Medical, a PE-backed global provider of diagnostic imaging equipment and services, has signed a definitive agreement to acquire Alpha Source Group, a Milwaukee-based provider of field service, depot repair, refurbishment and parts distribution for medical imaging equipment. The add-on deal expands Probo's modality coverage and geographic footprint in North America and integrates Alpha Source's network of field engineers and four Centers of Excellence into Probo's platform.

  • Buyer
    Probo Medical, Avista Capital Partners
    Target
    Davis Medical Electronics, Inc.
    Industry
    Medical Devices
    Type
    Addon

    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.

  • Buyer
    Probo Medical
    Target
    Creative Foam (MRI coil repair operation)
    Seller
    Creative Foam, Inc.

    Probo Medical has completed the acquisition of the MRI coil repair operation from Creative Foam, Inc., and will relocate the repair operations to Probo's Tampa, Florida headquarters. The deal expands Probo's in-house diagnostic imaging repair capabilities and establishes a long-term partnership with Creative Foam for re-foaming services, while Creative Foam will continue to operate its other facilities.

  • Buyer
    Probo Medical, Avista Capital Partners
    Target
    National Ultrasound, Inc.
    Type
    Addon

    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.

  • Buyer
    Probo Medical, Avista Capital Partners
    Target
    Ultra Select Medical, LLC
    Industry
    Medical Devices
    Type
    Addon

    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.

  • Buyer
    Probo Medical, Avista Capital Partners
    Target
    Mi Healthcare
    Location
    Merseyside, United Kingdom
    Type
    Addon

    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.

  • Buyer
    Probo Medical, Avista Capital Partners
    Target
    Canute Medical
    Location
    Ontario, Canada
    Type
    Addon

    Probo Medical has acquired Canute Medical, a Canada-based provider of installation, de-installation, removals and remarketing services for large medical imaging equipment. Terms were not disclosed; the acquisition expands Probo’s service capabilities and presence in Canada. Probo is backed by Avista Capital Partners.

  • Buyer
    Probo Medical, Varsity Healthcare Partners
    Target
    REMETRONIX
    Type
    Addon

    Probo Medical, a PE-backed provider of refurbished diagnostic imaging equipment, has completed the acquisition of REMETRONIX, a Port St. Lucie, Florida-based provider of installation, de-installation, transport, rigging, maintenance and refurbishment services for medical imaging equipment. The acquisition (terms undisclosed) strengthens Probo's North American service footprint and brings REMETRONIX's installation/logistics capabilities into the Probo platform.

  • Buyer
    Probo Medical
    Target
    Tenvision, LLC
    Type
    Addon

    Probo Medical, a PE-backed global provider of refurbished medical imaging equipment, has acquired Tenvision, LLC, a Gallatin, Tennessee-based specialist in ultrasound equipment sales, service, maintenance, repair and training. The add-on acquisition expands Probo’s service and training capabilities and strengthens its commercial presence in the mid-south region; terms were not disclosed.

  • Buyer
    Probo Medical, Varsity Healthcare Partners
    Target
    SonoDepot, Inc.
    Type
    Addon

    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.

  • Buyer
    Probo Medical
    Target
    IMAX Medical
    Industry
    Medical Devices
    Location
    Pays de la Loire, France
    Type
    Addon

    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.

  • Buyer
    Probo Medical
    Target
    Mount International United Services Ltd
    Industry
    Medical Devices
    Location
    Gloucestershire, United Kingdom
    Type
    Buyout

    Probo Medical, a global provider of refurbished medical imaging equipment and services backed by Varsity Healthcare Partners, has acquired Mount International United Services Ltd (MIUS), a Gloucester-based provider of third-party service, repair and maintenance for medical imaging equipment. MIUS supports over 250 NHS trusts and hospitals across the UK and the acquisition will expand Probo's service, sales and rental capabilities across Europe; terms were not disclosed.

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