by John R. Fischer
, Senior Reporter | May 15, 2023
Probo Medical has acquired National Ultrasound, one of the largest ultrasound sales and repair organizations in the country.
Founded in 2003 in Duluth, Georgia, National specializes in new and used ultrasound systems from GE HealthCare, Sonosite, Mindray, Philips, Siemens Healthineers, Samsung, and others for general imaging, cardiology, vascular, OB/GYN, and more, including hand-held and portable systems.
It also has established itself in recent years as a provider of ultrasound for veterinary practices across the country, which Probo CEO Michael Asmer said was part of the attraction, along with its connections to private medical practices across the U.S. and strong relationships with OEM partners.
Probo Medical sells, services, rents, repairs and installs refurbished ultrasounds, as well as C-arms, X-rays, mammography, fluoroscopy, MR and CT machines.
It recently acquired the MR coil repair operations of Creative Foam
, a Michigan-based company specializing in the design, engineering, and manufacturing of transportation and healthcare solutions.
It also, in April, purchased Ultra Select Medical
, a service provider based in Charleston, South Carolina that distributes, maintains, repairs, and provides training for ultrasound scanners designed by GE HealthCare, Siemens Healthineers, Philips, Sonosite, Samsung and Mindray, as well as Konica Minolta.
Probo has 14 facilities in the U.S. and Europe, developed through multiple acquisitions it has undertaken in the last few years.
It is owned by New York-based private equity firm Avista Capital Partners, which has over 40 growth-oriented healthcare businesses worldwide.
Financial details for the transaction were not disclosed.