Probo Medical Acquires Davis Medical
TAMPA, Fla., Nov. 16, 2023 -- Probo Medical ("Probo"), a leading global provider of medical imaging equipment, parts, repair and service, announced the acquisition of Davis Medical Electronics, Inc. ("Davis Medical"). Terms of the transaction were not disclosed.
Davis Medical, founded in 1983 in Vista, CA, led Randy Davis and Marion Davis, is a leading provider of equipment and supplies for cardiology practices. For over 40 years, Davis Medical has specialized in supporting cardiologists with a variety of medical and imaging equipment, supplies and services, including ultrasound systems and probes, EKG's, cardiac stress test equipment and cardiac monitoring equipment.
"As Probo has grown, we've seen the value of tailoring our commercial offering to the specific needs of specialists that we serve. Davis Medical provides us with exactly that in the cardiology specialty, with decades of experience and a refined approach to support cardiology practices with the equipment, services and supplies they need to run their practice," said Michael Asmer, CEO of Probo. "Additionally, the Davis Medical team adds significant strength to our footprint in the western US."
"Our team at Davis Medical has known the Probo team for decades. As we looked for a partner to take the business to its next phase of growth, Probo was the clear choice. Probo's capabilities in the areas of equipment sales, repairs and servicing will bring added depth to the value that the Davis Medical team can offer to our customers," said Randy Davis, Founder and CEO of Davis Medical.
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 sales, service, rental, repair and installation of a vast array of imaging equipment, including ultrasound, c-arm, x-ray, mammography, fluoroscopy, MRI and CT. For more information about Probo Medical, visit http://www.probomedical.com.
About Davis Medical Electronics, Inc.
Davis Medical Electronics, Inc., founded in 1983, is a national leader for equipment and supplies for cardiology practices. For more information on Davis Medical Electronics, Inc., visit http://www.davismedical.com.
For more than 40 years, we have been the one-stop-shop for cardiology equipment and supplies. With our web-store, finding and purchasing supplies is easier than ever. So save yourself some time and shop online with Davis Medical!
We carry a wide variety of brands from the highly recommended Philips Healthcare and GE Healthcare to our supplies Vermed and Conmed just to name a few. Our highly knowledgeable and trained staff can assist you in troubleshooting and or just picking out the right equipment for your hospital or clinic.
And if you need service, equipment comparisons, or you just want to chat, you are always welcome to contact us the old-fashioned way at 800.422.3547. No robots or waiting on hold, when you contact us, you'll be talking to a real person.
If you'd like to know more about our process and how we work, head on over to Our Business page.