M&A Deal Summary

Probo Medical Acquires Alpha Source

On December 28, 2023, Probo Medical acquired business services company Alpha Source

Acquisition Highlights
  • This is Probo Medical’s 7th transaction in the Business Services sector.
  • This is Probo Medical’s 9th transaction in the United States.
  • This is Probo Medical’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2023-12-28
Target Alpha Source
Sector Business Services
Buyer(s) Probo Medical
Deal Type Add-on Acquisition

Target

Alpha Source

Milwaukee, Wisconsin, United States
Alpha Source delivers technical field service, depot repair, equipment refurbishment and resale, and parts distribution solutions to the North American healthcare market. Their expertise and capabilities are utilized across a broad customer base that includes OEMs, ISOs, asset managers, hospitals, distributors, and resellers. It specializes in repair, refurbishment, parts harvesting, and distribution of multi-modality medical equipment, including nuclear medicine, PET, CT, MRI, PET/CT, ultrasound, bone mineral density, medical batteries, and biomedical equipment. Alpha Source was formed in 1986 and is based in Milwaukee, Wisconsin.

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Buyer(S) 1

Buyer

Probo Medical

Tampa, Florida, United States
Category Company
Founded 2014
Sector Business Services
DESCRIPTION

Probo Medical is a provider of equipment sales, part sales, equipment rentals, depot repair service, equipment installation and de-installation, and field-based repair services. Probo Medical was founded in 2014 and is based in Tampa, Florida.

DEAL STATS #
Overall 14 of 14
Sector (Business Services) 7 of 7
Type (Add-on Acquisition) 14 of 14
State (Wisconsin) 1 of 1
Country (United States) 9 of 9
Year (2023) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-16 Davis Medical

Vista, California, United States

Davis Medical is a provider of equipment and supplies for cardiology practices. Davis Medical was founded in 1983 and is based in Vista, California.

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