Probo Medical and MedCorp, LLC Announce Merger

March 8, 2018 Current Events

Probo Medical Inc. and MedCorp, LLC announce merger to become industry’s largest ultrasound equipment reseller

Combined company will refurbish and resell ultrasound systems and probes

TAMPA, FL. – Probo Medical (“Probo”), a leading global provider of medical imaging equipment, parts, repair and service, announced today the acquisition of MedCorp, LLC (“MedCorp”). Probo is one of the fastest-growing companies in medical equipment refurbishment and has plans to expand its services in the ultrasound industry.

Fishers, Ind.-based Probo Medical is partnering with MedCorp LLC, located in Tampa, Fla. With the merger, Probo Medical will have an extensive ultrasound system resell and repair business to complement its current ultrasound probe sales and repair departments.

Probo Medical was established in 2014 and has quickly become one of the U.S.’s largest resellers of refurbished ultrasound equipment. With 55 employees and two probe repair facilities in Fishers and Tulsa, Okla., Probo Medical offers comprehensive probe repair and resale for all 2D, 3D/4D and transesophageal ultrasound probes.

MedCorp, established in 1999, is a full-service resource for ultrasound systems, equipment and ongoing maintenance. It is the nation’s industry sales leader in ultrasound systems and service. MedCorp has 18 employees at its Tampa, Fla. location.

“We are excited about the union of these two great companies,” said David Trogden, who will be president of the combined companies. “MedCorp’s extensive ultrasound system experience, coupled with Probo Medical’s ultrasound probe focus, will create the unquestioned market leader in stocking ultrasound systems and probes.”

Probo Medical and MedCorp will continue to operate under their current names. MedCorp partners Michael Asmer, Mike Dilick and Chris Munyon will remain officers of the combined businesses.

“This merger will result in one of the most experienced teams in our industry,” said Trogden. “We are in a dynamic environment and believe our united companies will be a platform for continued growth and expansion for years to come.”

About Probo Medical

Probo Medical is a global diversified supplier of refurbished medical equipment. Probo offers refurbishment, sales, parts, service and repair on a broad range of medical imaging equipment, including Ultrasound, C-Arms, CT, MRI, PET/CT, X-Ray and more. Varsity Healthcare Partners partnered with Probo in 2018 with a growth capital investment to support Probo Medical’s growth and expansion. For more information about Probo Medical, please visit https://www.probomedical.com

About Medcorp LLC

Medcorp LLC is a full-service, one-stop resource for ultrasound systems, equipment and ongoing maintenance. It is the nation’s industry sales leader in ultrasound systems and service.

 

 

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