Medical Devices Recapitalizations in 2018
-
October 1, 2018
- Buyer
- Varsity Healthcare Partners
- Target
- Probo Medical, LLC
- Seller
- Probo Medical shareholders and executive team
- Industry
- Medical Devices
- Location
- Indiana, United States
- Type
- Recapitalization
Varsity Healthcare Partners completed a joint recapitalization and growth capital partnership with Probo Medical, a vertically-integrated reseller of refurbished ultrasound systems and probes. Probo's founder and CEO David Trogden will remain in place as the company partners with VHP to accelerate growth through strategic acquisitions and expanded global procurement and sales capabilities.
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