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Probo Medical company logo
Corporation
HEALTHCARE | Medical Product Distribution
probomedical.com

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About Probo Medical

Probo Medical is a diversified supplier of refurbished medical equipment. The company was founded in 2012 and is based in Fishers, Indiana.

Probo Medical Headquarter Location

9715 Kincaid Drive Suite #1000

Fishers, Indiana, 46037,

United States

317-759-9210

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Probo Medical Web Traffic

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Page Views per Million (PVPM)
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Probo Medical Rank

Latest Probo Medical News

Avista Capital Partners’ Probo Medical acquires Canute Medical

Apr 5, 2022

CPE News (4.4.2022) – Probo Medical, LLC, a portfolio company of Avista Capital Partners, has acquired Canute International Medical Services (Canada) Inc., dba Canute Medical. Financial terms were not disclosed. Led by Ben Rice, Oakville, Ontario based Canute Medical is a leading service provider for installation, de-installation, removals, and remarketing of pre-owned medical equipment such as MRI, CT, X-Ray and Gamma Cameras for clients around the world. Tampa, Florida based Probo Medical is a diversified supplier of refurbished diagnostic imaging equipment. Founded in 2005 as a spin-out from DLJ Merchant Banking, New York based Avista focuses on mid-sized healthcare companies. photo credit: Canute Medical Probo Medical Acquires Canute Medical TAMPA, Fla., April 4, 2022 /PRNewswire/ — Probo Medical (“Probo”), a leading global provider of medical imaging equipment, parts, repair and service, today announced the completion of its acquisition of Canute Medical (“Canute”). Terms of the transaction were not disclosed. Canute, incorporated in 2012, is a leading service provider for installation, de-installation, removals, and remarketing of pre-owned medical equipment such as MRI, CT, X-Ray and Gamma Cameras for clients around the world. Based in Oakville, Ontario, Canute is led today by Ben Rice and supported by a team of medical equipment professionals with a deep understanding of the large imaging equipment markets. “We’re fortunate to have Ben and his team at Canute join the Probo family as they will add tremendous expertise to our team,” said Michael Asmer, CEO of Probo Medical. “With this expansion, we look forward to growing our presence in Canada with a recognized team in the industry.” Ben Rice, Director of Canute Medical, “Aligning with Probo connects the Canute team to a platform that will enhance our services for customers. We see a great opportunity ahead for the expansion of the solutions we can bring to the market.” 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. About Probo Medical Probo Medical is a diversified supplier of refurbished diagnostic imaging equipment. Traditionally focused on ultrasound probes and probe repair, Probo Medical expanded into ultrasound system, C-arm, MRI, CT, X-Ray, Mammography, Fluoroscopy, MRI & CT Pods product lines, offering sales, service, rental, and repair. For more information about Probo Medical, visit http://www.probomedical.com/. For more information about the statistics of Probo Medical’s rankings for Inc. 5000, visit https://www.inc.com/profile/probo-medical. About Canute Medical Canute Medical is a leading service provider for installation, de-installation, removals, and remarketing of pre-owned medical equipment such as MRI, CT, X-Ray and Gamma Cameras for clients around the world. Established in 2012, the Canute team is based in Oakville, Ontario, and performs its services globally as an experienced solution for conducting a variety of engineering projects and maximizing cost savings via private treaty sales. For more information on Canute Medical, please visit https://canute.ca/about/ Contact: Jay Burkhardt

Probo Medical Acquisitions

9 Acquisitions

Probo Medical acquired 9 companies. Their latest acquisition was Canute Medical on April 04, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/4/2022

$99M

Acquired

1

1/20/2022

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$99M

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10

6/7/2021

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$99M

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10

4/19/2021

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$99M

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10

2/24/2021

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$99M

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10

Date

4/4/2022

1/20/2022

6/7/2021

4/19/2021

2/24/2021

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

10

10

10

Probo Medical Team

3 Team Members

Probo Medical has 3 team members, including current Chief Executive Officer, Michael Asmer.

Name

Work History

Title

Status

David Trogden

Founder

Current

Michael Asmer

Chief Executive Officer

Current

Steve Richter

Chief Commercial Officer

Current

Name

David Trogden

Michael Asmer

Steve Richter

Work History

Title

Founder

Chief Executive Officer

Chief Commercial Officer

Status

Current

Current

Current

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