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New Deal


Announced

Completed

Probo Medical completed the acquisition of MRI Coil Repair Operation of Creative Foam.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Medical Equipment

Private

Domestic

Acquisition

foams and plastics

Friendly

Single Bidder

Majority

Completed

Synopsis

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Probo Medical, a global provider of medical imaging equipment, completed the acquisition of MRI Coil Repair Operation of Creative Foam, a medical equipment manufacturer. Financial terms were not disclosed. "Creative Foam has long been an industry leader in MRI system coil repair. The synergies this acquisition provides greatly enhance Probo's ability to serve our growing diagnostic imaging repair segment. Adding this level of expertise to our existing, world-class ultrasound sales, service and repair capabilities fits squarely within the value proposition we provide to our customers needing to buy, service and repair their equipment," Michael Asmer, Probo Medical CEO.

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