PartsSource, a leading online marketplace for medical equipment maintenance parts and services, today announced the signing of a definitive agreement to be acquired by Bain Capital Private Equity. The investment will help PartsSource continue to accelerate its growth trajectory, broaden its solutions portfolio, and expand its marketplace platform. PartsSource will continue to operate under its current management team, led by President and CEO Philip Settimi, MSE M.D. Financial terms of the private purchase from current owner Great Hill Partners were not disclosed.
NMS Capital (“NMS”) announced today that it has partnered with Company management in the recapitalization of DirectMed Parts & Service, LLC (“DirectMed” or the “Company”). Headquartered in San Diego, CA, DirectMed is the largest independent source for service and supply of medical imaging parts for MRI and CT machines. Leveraging its inventory of 60,000+ parts across 5,000+ unique SKUs, the Company provides 24/7 solutions to major OEMs, such as GE, Siemens, and Philips, and to independent service organizations (ISOs), imaging centers, hospital systems, and parts suppliers across North America, Latin America, and Europe.
Probo Medical (“Probo”), a leading global provider of medical imaging equipment, parts, repair and service, announced today the acquisition of Tenvision, LLC (“Tenvision”). Tenvision, founded in 2005, is a Gallatin, TN based provider of medical equipment sales, service, maintenance, repair and training organization with deep specialization in ultrasound equipment. Tenvision’s team of sales representatives, field service engineers and in-house repair technicians bring a long history of providing a deep solution set of products and services to meet healthcare organizations’ ultrasound equipment needs.
EPTAM Precision Solutions (“EPTAM” or the “Company”), a Frazier Healthcare Partners (“Frazier”) portfolio company, is pleased to announce the acquisition of Mendell Machine and Manufacturing (“Mendell”). Mendell is a medical component manufacturer located in Lakeville, MN that specializes in precision CNC micro-machining of implantable devices for the orthopedic, structural heart, cardiovascular, and endovascular markets. The transaction allows the companies to combine complementary capabilities, providing customers a one-stop shop for Orthopedic, Cardiovascular, Minimally Invasive Surgery (MIS), and Robotic-Assisted Surgery (RAS) components.
Generational Equity is pleased to announce the sale of its client, Encore Technical Services, Inc. to Wave Imaging Solutions. The acquisition closed April 30, 2021. Located in North Attleboro, Massachusetts, Encore Technical Services (ETS) is a medical equipment seller and service contractor. The Company focuses on repairing, servicing, and selling diagnostic imaging equipment, specifically ultrasound systems. ETS is continuing to expand its capabilities and is well positioned for growth in an attractive market. Wave Imaging Solutions (WAVE), located in Mentor, Ohio, is a full-service ultrasound sales and service company.
EMSAR, a leading independent service organization (“ISO”) that provides maintenance and repair services nationwide for medical, retail and security equipment, is pleased to announce a strategic partnership with MedPro, a leader in repair and maintenance for emergency medical service (“EMS”) equipment in the Eastern US. As the largest, independently owned, US-based ambulance equipment maintenance and service company, MedPro is a perfect complement to EMSAR’s national footprint and expertise in the EMS and healthcare space. EMSAR’s deep OEM relationships and MedPro’s on-the-ground acumen will better serve clients and their customers.
InfuSystem Holdings, Inc. (NYSE American: INFU), (“InfuSystem” or the “Company), a leading national health care service provider, facilitating outpatient care for durable medical equipment manufacturers and health care providers, today announced that it has acquired the operating assets of OB Healthcare Corporation, a privately held, Texas-based, biomedical services company. OB Healthcare specializes in on-site repair, preventative maintenance, and physical device inventory management to hospitals and healthcare systems nationwide.
Probo Medical (“Probo”), a leading global provider of medical imaging equipment, parts, repair and service, announced Monday the acquisition of SonoDepot, Inc. (“SonoDepot”). SonoDepot, founded in 1985, is a St. Cloud, Florida based third-party service, maintenance, and repair organization with deep specialization in ultrasound equipment. SonoDepot’s team of field service engineers have a long history of supporting hospitals, physician offices and imaging centers across the United States for their ultrasound maintenance, service and sales needs.
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