Date
Mar 2020
Region
Ohio
We are pleased to announce the sale of our clients, Wave Imaging Solutions Corp. and Ultrasound Parts Source, LLC, to a private investor. The acquisition closed March 10, 2020 and details were not disclosed.
Located in Mentor, Ohio, Wave Imaging Solutions is an authorized GE cardio-vascular ultrasound distributor. The company is a full-service, new and reconditioned ultrasound sales service parts company. Their certified biomedical technicians repair and recondition ultrasound systems to the highest industry standards.
Wave Imaging Solutions is also a proud Sony Medical Nationwide Distributor, Mindray Ultrasound Distributor, and Alpinion Ultrasound Distributor. Ultrasound Parts Source markets to ultrasound resellers, service companies, and doctors’ clinics.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Jim Branson, and assisted by Managing Director, Mergers & Acquisitions, Ryan Johnson, successfully closed the deal. Executive Managing Director Ed Weber established the initial relationship with Wave Imaging Solutions and Ultrasound Parts Source.
“This acquisition was destined to happen due to the symbiotic personalities of the buyer and seller and their similar market backgrounds. Once the Buyer found this listing on DealForce, a meeting soon followed and an LOI was executed within three weeks,” said Branson.
If you’d like to explore other transactions our associates have supported in this industry, visit our dedicated Healthcare page.
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