Probo Medical, a Fishers, Ind.-based provider of medical imaging equipment, parts, repair, and service, has acquired Elite Medical Technologies, LLC and Future Medical Equipment, Ltd. The financial terms of the transactions have not been disclosed.
“Probo is tremendously excited to announce these significant acquisitions,” says Probo Medical CEO Michael Asmer. “In terms of strategic fit, Elite Medical and Future Medical represent ideal partners, and, as equally important, we share a cultural philosophy that places customers, suppliers and employees at the center. 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.”
Elite Medical is a U.S.-based wholesale reseller of pre-owned digital medical imaging equipment, including CT, MRI, and PET/CT across all major OEM manufacturers. Future Medical, based in the UK, specializes in the de-installation, purchasing, and sales of preowned medical equipment across a wide array of imaging modalities and equipment types. Both the Elite Medical and Future Medical management teams will remain in place leading their respective organizations.
“We have known and respected the Probo team for many years,” says Frank Lewis, managing director of Elite Medical. “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 also spoke out about the acquisition, commenting: “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. The wealth of experience in the Probo group will help in maximizing the value we can deliver.”