Avista Capital Partners completed the acquisition of Probo Medical from Varsity Healthcare Partners.

Avista Capital Partners, a private equity firm focused exclusively on healthcare, completed the acquisition of Probo Medical, a diversified supplier of refurbished diagnostic imaging equipment, from Varsity Healthcare Partners, a healthcare services private equity investment firm. Financial terms were not disclosed. "On behalf of Probo team members around the world, I am excited for the future of our partnership with Avista Capital. Avista shares our passion for delivering health care solutions that drive superior outcomes in an efficient and efficacious manner. With their strategic and financial support, and a robust pipeline of acquisition opportunities in the US and Europe, we will continue our impressive growth trajectory while serving the market with the highest-quality diagnostic imaging equipment and services," Michael Asmer, Probo CEO.