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Probo Medical Signs Purchase Agreement to Acquire Alpha Source Group

Probo Medical Signs Purchase Agreement to Acquire Alpha Source Group is the result of a purchase agreement that greatly broadens the company's offering of diagnostic imaging solutions.

Probo Medical Signs Purchase Agreement to Acquire Alpha Source Group is the result of a purchase agreement that greatly broadens the company’s offering of diagnostic imaging solutions.

The companies that make up Alpha Source Group are Medical Optics Surgical Solutions, BC Technical Imaging Solutions, and Alpha Source Biomed Solutions, as reported by prnewswire.

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Established in 1986, Alpha Source supplies solutions for the North American healthcare market in the fields of technical field service, depot repair, equipment refurbishment and resale, and parts distribution.

A wide range of clients, including OEMs, ISOs, asset managers, hospitals, distributors, and resellers, make utilise their skills and abilities. Alpha Source is one of the biggest field service companies for diagnostic imaging equipment in North America, employing over 100 engineers who work in the field.

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Michael Asmer, CEO of Probo said, “This acquisition is transformational in nature for both Probo Medical and Alpha Source, Probo has built a scalable platform in the ultrasound market in North America, capable of supporting customers with ultrasound system sales, repairs, service, applications training, and spare parts at a quality and value level that leads the market. Alpha Source’s capabilities, team and relationships provide us with the ability to extend that platform wider and deeper into new imaging modalities like nuclear medicine, CT and PET/CT. For Alpha Source, there are multiple commercial and growth opportunities that will come as being a part of the Probo platform. Probo is a global leader in system procurement across the aforementioned modalities. Integrating that proficiency with Alpha Source’s technical capabilities will quickly allow us to expand parts harvest and distribution, scale system refurbishment and resale, and optimize our ability to deliver best-in-class field service with a global team of over 350 field service engineers. Combining all of that with Probo’s capabilities around the logistics, storage and installation of diagnostic imaging systems makes this a combination that we are tremendously excited about.”

Avista Capital Partners, a renowned private equity firm that specialises only in healthcare and has invested over $8 billion in more than 45 growth-oriented healthcare companies worldwide, supports Probo Medical.

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About Probo Medical

Probo Medical is a multinational, multifaceted provider of diagnostic imaging equipment, including ultrasound, c-arm, x-ray, mammography, fluoroscopy, MRI, and CT. It also offers sales, service, rental, repair, and installation of a wide range of imaging devices. for additional details regarding Probo Medical.

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About Alpha Source Group

Founded in 1986, Alpha Source is a provider of technical field service, depot repair, equipment refurbishment and resale, and parts distribution solutions to the North American healthcare market. Its headquarters are located in Milwaukee, WI. for additional details about the subsidiaries of Alpha Source Group.

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