Mobile Instrument Service and Repair, Inc.
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Mobile Instrument Service and Repair, Inc. - overview
Established
1978
Location
Bellefontaine, OH, US
Primary Industry
Business Support Services
About
Mobile Instrument Service and Repair, Inc. specializes in the repair and maintenance of surgical and endoscopic instruments, ensuring healthcare providers have reliable equipment for safe patient care. Mobile Instrument Service and Repair, Inc. was founded in 1978 in Bellefontaine, US, focusing on the surgical equipment repair sector.
The company was acquired by Agiliti Health, Inc. in February 2020, which is a part of a larger investment group. The firm is led by CEOs Mick Reed and Nani Gafachi. Mobile Instrument Service and Repair, Inc.
provides comprehensive surgical equipment repair and maintenance services, addressing a wide array of surgical instruments and endoscopic devices. Their services include the repair of flexible and rigid endoscopes, surgical instruments, and critical power tools, all crucial for effective surgical procedures. The company serves a variety of clients, including hospitals and surgical centers across the United States, focusing on maintaining equipment readiness and performance standards. Their extensive network of local repair services and depot facilities allows them to deliver prompt solutions to healthcare providers in both urban and rural settings.
Mobile Instrument Service and Repair, Inc. generates revenue through service contracts and repair agreements with healthcare institutions, operating primarily on a B2B model. Their service offerings include on-demand repairs and preventive maintenance programs, which aim to optimize cost efficiency and equipment performance for clients. The company adheres to ISO 13485:2016 standards, ensuring that all repairs restore devices to their original specifications, reinforcing its position as a partner in surgical equipment management.
Moving forward, Mobile Instrument Service and Repair, Inc. intends to expand into new geographic markets and enhance its product offerings. The company aims to launch new services designed for emerging surgical technologies by 2023. Recent funding from the acquisition by Agiliti Health, Inc.
will support this growth strategy, allowing the company to invest in new repair technologies and broaden its service reach. The acquisition deal, completed on February 19, 2020, further solidifies Mobile Instrument's strategic position within the surgical equipment maintenance sector.
Current Investors
Agiliti
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Medical Devices & Equipment
Website
www.mobileinstrument.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Mobile Instrument Service and Repair, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Mobile Instrument Service and Repair, Inc. | - |
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