But on the other hand, its an educated risk. The purchase not only establishes the 122-employee firm as a multinational company, it brings big iron medical imaging machinesincluding CT, MRI and PET/CTunder Probos umbrella. Find employees, official website, emails, phone numbers, revenue, employee headcount, social accounts, and anything related to Probo Medical. See Tammi Thompson's email address, phone number and work experience. Varsity Healthcare Partners partnered with Probo in 2018 with a growth capital investment to support Probo Medicals growth and expansion. Mark your calendar for the second annual Engage Southwest Indiana Evansville event on April 11th! In recent years, Terry has been helping us with multiple ultrasound equipment rentals, including ultrasound systems and ultrasound probes. Under Varsity's backing, the global provider of medical imaging equipment, parts, repair and services has grown EBITDA by more than 4x as it has added new geographies, imaging modalities and service lines. Nothing contained herein constitutes an offer to sell or a solicitation of an offer to purchase any investments or securities of any investment vehicles. Through this alignment with Mindray, were able to offer a wide range of quality, accessible products that meet a healthcare organizations diagnostic imaging needs.. Having known and worked with Brian in various capacities throughout his career, we know that he will be a perfect addition to our team at Probo Medical, saysMichael Asmer, CEO of Probo Medical. Copyright Probo Medical, 2023. SMARTER CARE Probo Medical is a leading diagnostic imaging equipment product and service provider in Europe. We empower medical professionals to make smarter purchasing decisions without sacrificing patient care by offering new and fully refurbished quality diagnostic imaging products and services for top brands. Join the thousands of business and community leaders and Indiana residents that choose IBJ as their primary local news source. WebCompany profile page for Probo Medical LLC including stock price, company news, press releases, executives, board members, and contact information Currently, Brian is known as the industry expert in evaluating ultrasounds and training users on all makes and models of ultrasound equipment, this includes consulting with manufacturers with equipment evaluations during all stages of product development. 1) According to the Companys annual sales plan, ensure the completion of sales task in the jurisdiction. Probo Medical has expanded its offerings through acquisitions of industry leaders: MedCorp, Trisonics, and Providian Medical, all completed since March of 2018. WebProbo Medical provides diagnostic imaging equipment and support healthcare services for patients. WebOur partners have over 100 years of combined private equity investing experience. Probo is tremendously excited to announce these significant acquisitions, said Michael Asmer, CEO of Probo Medical. "Through organic growth, acquisitions, and a continued focus on saving healthcare systems money, we feel Probo Medical's future is very bright," says Probo Medical CEO, David Trogden. He noted that the domestic imaging market is about $5billion, and the international market is at least twice that. WebProbo Medical Headquarters 9715 Kincaid Drive Suite 1000 Fishers, Indiana46037 866-513-8322 Driving Directions Probo Medical Summary ABOUT Overview Probo Medical is an Indiana-based medical imaging company that sells and repairs ultrasound probes for the healthcare industry. WebHeadquarters Gloucester, Gloucestershire Type Privately Held Founded 1997 Specialties Ultrasound Scanner, X-Ray, MRI Scanners, CT Scanners, endoscope repair, Medical Previously, Terese was an Owner and Designer and Bu yer at October Moon Farm and also held positions at Providian Medical, Lowe's Greenhouses, Mayfield Floral, Miklus Florist. Mindrays comprehensive portfolio and technologies have advanced the way private offices are using ultrasound. WebDirector of Temporary Equipment at Probo Medical . You can read more about your cookie choices at our privacy policyhere. Asmer said theres still plenty of room for more growth. site you are consenting to these choices. Chairman and Co-Head of Investment Committee, Managing Director, Chief Financial Officer. Terry always gave quick responses in system quotes and related information inquiries. Both the Elite Medical and Future Medical management teams will remain in place leading their respective organizations. A link has been emailed to you - check your inbox. It is classified as operating in the Machinery, Equipment & Supplies Merchant Wholesalers industry. WebProbo Medical is a global leader in the purchase, refurbishment, resale and on-site service of diagnostic imaging equipment. WebWho is Probo Medical Headquarters 9715 Kincaid Dr Ste 1000, Fishers, Indiana, 46037, United States Phone Number (317) 759-9210 Website www.probomedical.com Revenue Over the past five years, Probo Medical has become a leader in the global ultrasound market. Asmer was CEO of MedCorpa Tampa, Florida-based company offering full-service ultrasound sales and repairswhen Probo bought the company in February 2018. For more information about Probo Medical, visit http://www.probomedical.com/. March 29-30, 2023 Convene, 117 W 46th St, New York, April 19-20, 2023 Convene, 117 W 46th St, New York, May 17-18, 2023 Hilton Tower Bridge, London, May 23-24, 2023 Convene 117 West 46th Street, New York, Get limited access to our industry news, analysis and data, plus regular email updates. it's been delivered there. Avista utilizes a proactive, hands-on approach to create value in our portfolio companies. Any such offer or solicitation shall be made only pursuant to a confidential offering memorandum relating to such vehicles, which will qualify in its entirety any information set forth herein. Avista recognizes that environmental, social, and governance (ESG) issues may affect investment performance, and furthermore, that the effective management of ESG issues can create better risk-adjusted returns. They offer a comprehensive suite of innovative, leading-edge, accessible patient monitoring, anesthesia and ultrasound solutions that empower clinicians to provide the highest quality of care. Trogden, who could not be reached, says on LinkedIn he remains active through the board of directors and shared ownership.. This information is available in the PitchBook Platform. Probo sources equipment from a multi-channel global supply chain and serves a diverse base of customers through a large and internally trained workforce of repair technicians and salespersons. Sriram Venkataraman, Partner at Avista, said, "Probo has earned its strong market position through operational excellence and timely, strategic acquisitions. By continuing to use this site you are consenting to these choices. Avista Capital Partners Acquires Spear Education, UBC Appoints Bekki Brown President & Chief Executive Officer, OmniAb Announces Completion of Spin-Off and Business Combination, Avista Capital Partners Acquires Taconic Biosciences, Avista Public Acquisition Corp. II Announces Effectiveness of Registration Statement and Sets Date for Extraordinary General Meeting to Vote on Proposed Business Combination, Vision Healthcare announces the acquisition of AixSwiss, a fast-growing and market-leading probiotic nutraceuticals omnichannel player, active under the Nupure brand in the DACH markets. This employer has not claimed their Employer Profile and is missing out on connecting with our community. We believe that the rising global demand for healthcare products and services will continue to create attractive opportunities for Avista. The transaction closed on March 8, 2022. Avista focuses on mid-sized companies concentrated in the following healthcare subsectors: outsourced pharma & medtech services, consumer healthcare, medical devices, specialty & generic pharmaceuticals, distribution & diagnostics, and healthcare technology. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. The specific companies identified and described above do not represent all of the companies purchased or sold by Avista. 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. Headquarters Fishers, IN Website www.probomedical.com Organization Type Private Is This Your Company? Mindray maintains its global headquarters in Shenzhen, China; Mindray North America is headquartered in Mahwah, New Jersey. CBI websites generally use certain cookies to enable better interactions with. Now with over 140 employees, five locations, and strong capital backing from Varsity Healthcare Partners, Probo Medical is looking to continue to expand through acquisition within the industry and continue to reduce healthcare costs in the United States and abroad. He said that, even as the company seizes growth opportunities, it wont lose sight of its role as a middle-market business, one that operates in the space between family doctors and big manufacturers like GE and Siemens. Asmer closed his first big deal in March, the acquisition of Florida-based Elite Medical Technologies and its 2-year-old European arm, Future Medical Equipment. Does your company have a great HR story to tell? His extensive background in our industry provides valuable expertise to support our team as we continue to grow. Though Iran faces crushing U.S. sanctions, there still remain ways for Tehran to obtain coronavirus vaccines as it suffers the Mideast's worst outbreak of the pandemic. We are a used ultrasound equipment company that specializes in refurbished ultrasound machines, probes, and C-arms as well as ultrasound Director of Marketing & Lead Generation | Orr Fellow, Vice President Marketing and Product Development, Rental Department Team Lead - Probo Medical. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Its actually how Asmer joined the company. (Since then, a number of companies on the list have gone public or been acquired.) Claim your Free Employer Profileto start telling your employer brand story to reach top talent. Terms of the purchase werent disclosed, but to help pull it off, Probo raised $21.5million in a private offering, according to a Securities and Exchange Commission filing. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. No assumption should be made that investments in these companies were or will be profitable. Probo Medical, LLC ( www.probomedical.com) provides new, used and refurbished medical equipment to a global customer base. From sales to service to customer support, he has done everything from circuit board repair and on-site service to networking and PACS, to training clinicians on ultrasound equipment. We quickly grew from a small Indiana business into a global company with more than ten locations worldwide. Check your inbox or spam folder now to confirm your subscription. They are part of the Business Development team within the Sales Department and their management level is VP-Level.. The deal swells Probos projected 2020 revenue to $80million, a gargantuan leap from the $11million it recorded in 2017. It ranked second on last years list, with revenue growth from 2016 to 2018 of 398%. WebHead Waitress (Director) at Hoss's Steak & Sea House. For more information, please visit http://www.mindray.com. Keith comes to Probo with over 25 years in the medical device industry and has prior skills in building and growing national and regional sales teams. FISHERS, IND. Wiza does not guarantee or claim any of the information found on this public directory to be 100% accurate or up to date. Dave Trogden founded Fishers-based Probo Medical in 2014 to fill a narrow market. Web: Get in touch and well match you with our certified experts. Disclaimer: Wiza, Inc is not affiliated, associated, authorized, endorsed by, or in any way officially connected with Microsoft or LinkedIn, or any of their subsidiaries or affiliates. "We have known and respected the Probo team for many years, said Frank Lewis, Managing Director of Elite Medical. The terms of the transactions were not disclosed. WebProbo Medical (Probo) is an ultrasound equipment company based in Fishers, Indiana. Previously, Terese was an Owner and Designer and Bu yer at October Moon Farm and also held positions at Providian Medical, Lowe's Greenhouses, Mayfield Floral, Miklus Florist. Varsity Healthcare Partners Probo Medical is a Tampa-based medical imaging company that sells and repairs ultrasound probes. Our mission is to drive down worldwide healthcare expenses by providing low-cost equipment and repair solutions. These ultrasound systems deliver premium performance clinicians can rely on when caring for patients. Probo Medical is a company located in Fishers, Indiana, United States. Probo Medical was founded in United States. The event also offers informative workshops, celebrated keynote speakers, and evening functions. Microsoft, Dell, LinkedIn, Yelp, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. Copyright 2023 CB Information Services, Inc. All rights reserved. Company status Claim your profile to get in front of buyers, investors, and analysts. 2022-23 Looking for Talent? It has 14 facilities in the U.S. in Europe and has a global Fishers, IN 46037 We have just sent you an email so you can verify your account. Get the full list, Morningstar Institutional Equity Research, Executive Vice President & Chief Financial Officer, Chief Strategy Officer, Chief Operating Officer & Chief Development Officer. WebCompany profile page for Probo Medical LLC including stock price, company news, press releases, executives, board members, and contact information By combining meaningful procurement relationships with proprietary repair techniques, Initially, Probo Medical only refurbished ultrasound probes. Probo Medical is Diagnostic Equipment in United States that focus on low-cost equipment business. Tenvision, founded in 2005 in By understanding the diverse needs of private practices and clinics, Mindray has pioneered solutions that range from entry-level black-and-white systems to sophisticated cart-based and touch-enabled systems with artificial intelligence or AI-enabled tools. Click Probo Medical , a global provider of medical imaging equipment, parts, repair, and service, has named their new executive VP ofNorth America, Brian Keith. Plus500. Supplier of medical equipment and systems intended to deliver quality and affordable imaging equipment and services to medical practices. Mindray is a developer, manufacturer, and supplier of medical device solutions and technologies used in healthcare facilities around the globe. 2023 PitchBook. Avista Capital Partners believes in responsible investing practices. Methodology The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. Probo Medical Add a Review About 15 Reviews 2 Jobs More Overview our sites and services. We empower medical professionals to make smarter purchasing decisions WebProbo Medical Corporate Headquarters, Office Locations and Addresses | Craft.co Brian Gillis Probo Medicals Vice President of Marketing. Brian Keith Joins Probo Medical Leadership. Through the years, Brian has trained more than 500 clinicians on over 100 different ultrasound machines. TAMPA, Fla. April 19, 2021 Probo Medical (Probo), a leading global provider of medical imaging equipment, parts, repair and service, announced today the acquisition of SonoDepot, Inc. (SonoDepot). The Inc. 5000 is a list of the fastest-growing private companies in the nation. Compact cars, Sigma lenses, Roadsters, Ford platforms, Link protocols. To explore Probo Medicals full profile, request access. For more valid info, please verify the info from more trusted sources like GoogleMyBusiness, Yelp, FourSquare or similar services. Imaging has been a steady market in health care as long as Ive been in it, Asmer said. Probo Medical was named to the 2018 and 2019 Best Places to Work in Indiana list and was recognized as the 2nd Fastest Growing Company in the Indianapolis area in 2019 and 4th in 2018. Our healthcare investment strategy is based on years of experience, discipline, focus, and sustainable value generation. We keep your data private and share your data only with third parties that make this service possible. Fishers, IN 46037 Probo Medicals latest acquisition realizes the companys transition from a niche repair firm for ultrasound components to a multinational imaging-machine supplier. Purchase your ticket today. This is a profile preview from the PitchBook Platform. 2021-22 Hoosiers Talk About Why Indiana is a Great Place for Your Career, 2020-21 Todays College Students Older, Wiser, 2019-20 Former Indy 500 Driver Crosses College Finish Line, Boosters, employer mandates drive increase in U.S. vaccines, Telamon founder Albert Chen launches firm to put cobots in factories, Hospitals spend millions in race to hire traveling nurses, Indiana sees 3,595 more COVID cases, drop in hospitalizations, ICU time doesnt sway Indiana legislator on COVID-19 vaccine, In wake of Ohio derailment, Indy officials consider impact of potential downtown toxic spill, Indy saw uptick in economic growth for marginalized groups, Steak n Shake rebounds with self-service push. Probo Medical headquarter office and corporate office address is located in 9715 Kincaid Drive Learn more. His previous experiences includes directing global sales teams and developing go-to-market strategies for newly released products. For more information on Future Medical, please visit http://www.futuremedical.co.uk/. Any such offer or solicitation shall be made only pursuant to a confidential offering memorandum relating to such vehicles, which will qualify in its entirety any information set forth herein. Use the CB Insights Platform to explore Probo Medical's full profile. Read More WebHoulihan Lokey is pleased to announce that Probo Medical, LLC (Probo), a portfolio company of Varsity Healthcare Partners (VHP), has been acquired by Avista Capital Partners (Avista). Avista Capital Holdings, LP here to register, Not for publication, email or dissemination, Why PE firms like wealth management; plus we look at Lincolnshires acquisition of Banker Wire, Kinderhook-backed Capital Waste buys construction and demolition company Sandlands, Wellspring-backed Rohrer taps Swanson as CEO, Slew of big deals announced this week; plus portfolio companies review cash management post-SVB, Who will get SVB Financials fund-of-funds assets? Connect with our community. Please note our updated comment policy that will govern how comments are moderated. We look for businesses with strong management teams, stable cash flows and robust growth prospects. Probo offers substantial savings to the healthcare community by providing refurbished ultrasound systems and probes, as well as total ultrasound probe repair solutions. Watch a helpful video on Wiza and how to get the most out of it. Asmer said acquiring Trisonics brought additional engineers and salespeople focused on ultrasound repair into Probos fold. WebAt Probo Medical, we buy, sell, and repair ultrasound transducers and stock systems from industry-leading OEMs. I am thrilled that this new partnership with Probo Medical provides us with an incredible opportunity to expand on our vision of delivering better healthcare for all, said Mindray North America President Wayne Quinn. Avista Capital Partners today announced it has entered into a definitive agreement to acquire Probo Medical for an undisclosed amount. WebProbo Medical Ltd | 2,014 followers on LinkedIn. Have questions or would like to speak to a Probo Medical Professional? Our sector focus, operational insights and flexible capital solutions enable us to provide owners, management teams and investors access to opportunity within a dynamic and diverse industry. Probo Medical is a global diversified supplier of refurbished medical equipment. | At Probo Medical, we provide Sales, Service, Rental, and Repair for ultrasound systems and probes and C-arms. Kevin Gregory works as a Vice President, Business Development at Probo Medical, which is a Retail company with an estimated 102 employees; and founded in 2014. Make your nomination by April 7th! WebLocations North America 9715 Kincaid Drive, Suite #1000 Fishers, IN 46037 5735 Benjamin Center Dr, Tampa, FL 33634 9433 E 51st St Suite I Tulsa, OK 74145 United Kingdom Mount Court, Edison Close Waterwells Business Park Gloucester Gloucestershire GL2 2FN Contact Us First Name * Last Name * Email * Phone * Country * State Company They are supported by an experienced and committed team, along with noted healthcare industry experts. The City Welcome will be the first thing visitors to the City will see and the wayfind Weve watched, over the years, just how important imaging has become in the medical arena, Asmer said. As we have grown, we have realized the complementary nature of our businesses, and we believe our partnership with Probo will only provide a wider and deeper solution set for our customers., Future Medical Managing Director, Richard Hart, added By aligning with Probo, we are able to further enhance the value we provide to our customers and other constituents in the medical imaging space. Navi Mumbai: UP Warriorz bowler Deepti Sharma celebrates the wicket of Royal Challengers Bangalore player Smriti Mandhana during the Womens Premier League (WPL) T20 cricket match between Royal Challengers Bangalore and UP Warriorz, in They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000. The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. For more information about Probo Medical, please visit https://www.probomedical.com. They had to be U.S.-based, privately held, for profit, and independentnot subsidiaries or divisions of other companiesas of December 31, 2018. Based in Fishers, Indiana, Probo Medical was founded in 2014 with a mission to increase access to healthcare Probo Medical was founded in 2014. Elite Medical is a US-based wholesale reseller of pre-owned digital medical imaging equipment, including CT, MRI and PET/CT across all major OEM manufacturers. Read More SMARTER CARE Probo Medical is a leading diagnostic imaging equipment product and service provider in Europe. It kind of helped complete the picture for us.. For more information about the statistics of Probo Medical's rankings for Inc. 5000, visit https://www.inc.com/profile/probo-medical. Probo Medical was founded in 2014 and is based in Fishers, Indiana. We believe we have built a world-class private equity firm focused on the healthcare industry. Register now to read this article and more for free. We are pleased to welcome the Elite Medical and Future Medical teams to our family and are excited to accelerate down this growth path as a combined organization.. I believe Probo is uniquely positioned to deliver a differentiated offering to a variety of different customers in our space. We believe that the extensive network of healthcare industry relationships developed by our investment team and Operating Executives are critical to Avistas ability to source, evaluate, and execute opportunities. Share your experience anonymously. You can read more about your. 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. I am very excited to be joining the Probo Medical team, says Keith. The wealth of experience in the Probo group will help in maximizing the value we can deliver.. The company offers a vertically The specific companies identified and described above do not represent all of the companies purchased or sold by Avista. About Inc. Media Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Please enable JavaScript to view this content. Founded in 2014. In 2023, Probo Medical is currently focus on low-cost equipment sector. WebProbo is a global leader in the medical imaging equipment market, offering a vertically-integrated set of products and services to customers worldwide, including, equipment sales, part sales, equipment rentals, depot repair service, equipment installation and de-installation, and field-based repair service. Founded in 2005, Avista Capital is a leading New Yorkbased private equity firm with nearly $8 billion invested in more than 40 growth-oriented healthcare businesses globally. Sometimes, if you dont grow, you get eaten up by the competition running alongside of you.. New York, NY 10022. But he said the sales outlook longer term remains strongin part because of the growing reliance on imaging to reduce the need for invasive medical procedures. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. Probo Medical is a diversified supplier of refurbished medical equipment. Probo Medical, a global supplier of refurbished medical equipment headquartered in Tampa, has acquired Tenvision LLC. He has been in the ultrasound industry since 1999. IBJ's HR Impact Awards celebrates HR professionals, teams, and companies for their success in creating exceptional work places and teams. A world-leading provider of diagnostic imaging equipment sales, service, rental, and repair. Our long tenure in the market leads to a deep understanding of the micro and macro trends driving value and opportunity within the healthcare sector. SMART DECISIONS START HERE Diagnostic Imaging Equipment Solutions | SMARTER DECISIONS. Probo Medical is a supplier of refurbished medical equipment. Across the healthcare sector, Avista partners with businesses that have strong management teams, stable cash flows and robust growth prospects. Probo Medical - Products, Competitors, Financials, Employees, Headquarters Locations WebHeadquarters: Fishers, United States. Varsity Healthcares Probo Medical gears up for sale, Investor Relations, Marketing & Communications Forum. Please check your spam or junk folder just in case Traditionally focusing on a vertically integrated offering of ultrasound probe and system refurbishment, sales, parts, service and repair, Probo has since expanded into additional imaging modalities, including C-Arms, CT, MRI, PET/CT and more.
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