Probo Medical, a provider of medical imaging equipment, parts, repair, and service, has acquired Mi Healthcare.
Established in 1995, Mi Healthcare is a Liverpool, United Kingdom-based provider of medical imaging equipment and services to public and private healthcare facilities across the U.K. Mi Healthcare’s team provides ultrasound and x-ray sales, rental, and service solutions across the U.K. with offices in both England and Scotland. Mi Healthcare is led today by Tim Dickinson and Mark Edwards.
Terms of the transaction were not disclosed.
With the acquisition of Mi Healthcare, Probo will extend the reach of its diagnostic imaging equipment sales, rentals, and service capabilities throughout the U.K. Mi Healthcare’s 25-year track record of quality in the diagnostic imaging sector have positioned it as a leading partner for Probo’s continued European expansion.
“Our partnership with Probo will provide a deeper and more comprehensive solution set for our customers, as well as opportunities to best support our growing team,” says Tim Dickinson, founder of Mi Healthcare.
Mi Healthcare CEO Mark Edwards added: “We have long known the Probo team, and we are excited for the future of bringing Mi Healthcare into the Probo family. The combination with Probo connects us to a significant platform that allows both organizations to grow faster together, and brings a set of resources to our customers and employees that is unmatched in our sector.”
Probo Medical is backed by Avista Capital Partners, a leading New York-based private equity firm with more than 40 growth-oriented healthcare businesses globally.
“Mi Healthcare is well-known in the UK market as a high-quality service provider for their customers with longstanding relationships that evidence that commitment to quality,” says Michael Asmer, CEO of Probo. “As we look to harness the shared expertise and collaboration between our teams, we are excited at what this combination will bring to both Probo and Mi Healthcare’s customers.”
