January 25, 2021 TAMPA, Fla.--(BUSINESS WIRE)--Probo Medical (“Probo”), a leading global provider of medical imaging equipment, parts, repair and service, announced today the acquisition of Mount International United Services Ltd (“MIUS”). Terms of the transaction were not disclosed.
MIUS, founded by Paul Mount in 1997, is a Gloucester, United Kingdom based provider of third-party service, repairs and maintenance for medical imaging equipment across the UK. MIUS provides service to over 250 NHS Trusts and Hospitals for Ultrasound, CT, MRI, X-ray and other medical imaging equipment with a 99.98% average uptime rate. Additionally, MIUS buys, sells and rents a broad range of medical imaging equipment and holds ISO 13485:2016, ISO 9001:2015 and ISO 14001:2015 certifications.
“The addition of MIUS to the Probo family is a tremendously exciting development for our company,” said Michael Asmer, CEO of Probo Medical. “We have known and worked with the MIUS team for many years and have a deep appreciation for MIUS’s long history of providing the highest quality service and equipment to their customers. Looking forward into a post-COVID world, we see a significant opportunity to bring forward a comprehensive set of diagnostic imaging equipment solutions to the European market. By combining MIUS with our existing operations in the UK, Probo is well positioned as a global leader for sales, service, rentals and repair of medical imaging equipment.”
MIUS Chairman, Paul Mount, said, “We are thrilled to be joining with Probo. The combination of MIUS with the Probo team in both the US and UK positions our company as one of the leading independent service and sales organizations for medical imaging equipment across Europe. This partnership will allow MIUS to offer a deeper solution set to our customers, backed by the same quality and service that MIUS has delivered for over two decades. We look forward to being part of the Probo family as we look to continue to expand our solutions across Europe.”
Prior to the MIUS acquisition, Probo acquired Elite Medical Technologies, LLC and Future Medical Equipment, Limited in February 2020 to advance the company into the CT, MRI, PET/CT and X-Ray wholesale medical imaging equipment market in both the US and Europe.
Probo Medical is backed by Varsity Healthcare Partners, a lower middle-market private equity investment firm focused on partnering with founders, entrepreneurs and management teams to build leading healthcare services companies.
About Probo Medical
Probo Medical is a global diversified supplier of refurbished medical equipment. Probo offers refurbishment, sales, parts, service and repair on a broad range of medical imaging equipment, including Ultrasound, C-Arms, CT, MRI, PET/CT, X-Ray and more. Varsity Healthcare Partners partnered with Probo in 2018 with a growth capital investment to support Probo Medical’s growth and expansion.
About Mount International United Services Ltd
Mount International United Services Limited is a provider of medical imaging equipment specializing in the sales, service and repair of medical imaging products from ultrasound through X-Ray to CT & MRI systems across the UK and Europe.