• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Opinions
    • Top 30
    • Research
    • Supply Chain
    • Device Sectors
    • Directory
    • Events
    • Resources
    • Microsites
    • More
  • Magazine
  • News
  • Opinions
  • Top 30
  • Research
  • Supply Chain
  • Device Sectors
  • Directory
  • Events
  • Resources
  • Microsites
  • Current / Back Issues
    Features
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Reprints
    Subscribe Now
    Advertise Now
    Top Features
    Deep (Brain) Thoughts with Medtronic's Neuromodulation President

    Grab and Go: Examining the Thrombectomy Device Market

    Fine Print: A Discourse on Additive Manufacturing

    MPO's 2022 Medtech Industry Year in Review

    Micro Molding for Medtech Is Miniature Magic
    OEM News
    Supplier News
    Service / Press Releases
    Online Exclusives
    Press Releases
    People in the News
    Product & Service Releases
    Supplier News
    Medtech Makers
    Technical Features
    International News
    Videos
    Product & Service Releases
    Live From Shows
    Regulatory
    Financial/Business
    Top News
    Coloplast Launches New Catheter in the U.S.

    Josh Ghaim and Sachin Jain Join Cue Health Board of Directors

    NAMSA Relaunches Medtech Outsourcing Solution

    Rollomatic Inc. Welcomes Joe Kane as CEO

    Alveo Technologies Announces New Executive Leadership
    From the Editor
    Blogs
    Guest Opinions
    Top Opinions
    Deep (Brain) Thoughts with Medtronic's Neuromodulation President

    Grab and Go: Examining the Thrombectomy Device Market

    Fine Print: A Discourse on Additive Manufacturing

    MPO's 2022 Medtech Industry Year in Review

    Micro Molding for Medtech Is Miniature Magic
    Top 30 Medical Device Companies
    Market Data
    White Papers
    Top Research
    Reflections on 2022 and What’s Ahead for Medtech: MPO Sounding Board

    3 Ways to Prepare for ISO 13485/Part 820 Harmonization

    A New Home for Theranos' Elizabeth Holmes?

    Health Cost Drivers for Large Employers

    Braving Change: Facing Fears in the Midst of Major Transitions
    3D/Additive Manufacturing
    Contract Manufacturing
    Electronics
    Machining & Laser Processing
    Materials
    Molding
    Packaging & Sterilization
    R&D & Design
    Software & IT
    Testing
    Tubing & Extrusion
    Cardiovascular
    Diagnostics
    Digital Health
    Neurological
    Patient Monitoring
    Surgical
    Orthopedics
    All Companies
    Categories
    Company Capabilities
    Add New Company
    Outsourcing Directory
    Arthur G. Russell Co. Inc., The

    Providence Enterprise USA Inc.

    Medbio LLC

    Forefront Medical Technology

    Paragon Medical
    MPO Summit
    Industry Events
    Webinars
    Live From Show Event
    Industry Associations
    Videos
    Career Central
    eBook
    Slideshows
    Top Resources
    How Artificial Intelligence Can Combat Key Issues Impacting Healthcare

    Why Advanced Sensors Are Crucial Within Medical Pumps

    How Artificial Intelligence Could Help Prevent 80% of Chronic Diseases

    4 Ways to Use Injection Molding in Medical Device Manufacturing

    Telemedicine and Connectivity to Drive Material Innovation in the Near Future
    Companies
    News Releases
    Product Releases
    Press Releases
    Product Spec Sheets
    Service Releases
    Case Studies
    White Papers
    Brochures
    Videos
    Outsourcing Directory
    Arthur G. Russell Co. Inc., The

    Providence Enterprise USA Inc.

    Medbio LLC

    Forefront Medical Technology

    Paragon Medical
    • Magazine
      • Current/Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Editions
      • Subscribe Now
      • Advertise Now
    • News
    • Directory
      • All Companies
      • ALL CATEGORIES
      • Industry Associations
      • Company Capabilities
      • Add Your Company
    • Supply Chain
      • 3D/Additive Manufacturing
      • Contract Manufacturing
      • Electronics
      • Machining & Laser Processing
      • Materials
      • Molding
      • Packaging & Sterilization
      • R&D & Design
      • Software & IT
      • Testing
      • Tubing & Extrusion
    • Device Sectors
      • Cardiovascular
      • Diagnostics
      • Digital Health
      • Neurological
      • Patient Monitoring
      • Surgical
      • Orthopedics
    • Top 30 Company Report
    • Expert Insights
    • Slideshows
    • Videos
    • eBook
    • Resources
    • Podcasts
    • Infographics
    • Whitepapers
    • Research
      • White Papers
      • Case Studies
      • Product Spec Sheets
      • Market Data
    • MPO Summit
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Microsite
      • Companies
      • Product Releases
      • Product Spec Sheets
      • Services
      • White Papers / Tech Papers
      • Press Releases
      • Videos
      • Literature / Brochures
      • Case Studies
    • About Us
      • About Us
      • Contact Us
      • Advertise with Us
      • eNewsletter Archive
      • Privacy Policy
      • Terms of Use
    Breaking News

    Alpha Source Completes Deal for BC Technical Inc.

    Merger creates one of the nation's largest independent full service, imaging service and equipment repair solutions firms.

    Related CONTENT
    • New CEO Named at Alpha Source Group
    • Safari Circuits Inc.
    • 10 Steps to a Successful Product Development Arrangement
    • Tiny Robots Step Closer to Treating Hard-to-Reach Parts of the Body
    • RSNA News: Toshiba Medical Expands Neuro MR Capabilities with Advanced Gradient Offering
    Alpha Source Inc.12.18.17
    Alpha Source Inc. has completed the acquisition of BC Technical Inc. The acquisition doubles the size of Alpha Source and creates one of the largest independent full service, imaging services and equipment repair solutions companies in the United States.
     
    With this acquisition, BC Technical joins the Alpha Source family of companies, bringing together a combined breadth, depth and experience to service an even broader continuum of health care providers’ service and repair needs for medical device, diagnostic and imaging equipment. Earlier this year, Alpha Source also purchased Medical Optics, an endoscopy services company providing repair for scopes, cameras and surgical tools. The BC Technical deal will broaden imaging service offerings across the portfolio of companies, expanding the Alpha Source ultrasound and bone densitometry equipment service to now include maintenance, repair and refurbished equipment for computed tomography (CT), magnetic resonance imaging, and molecular imaging modalities. The broad scope of repair solutions, national scale and technical expertise across the three companies will allow its teams to quickly and effectively service health care providers around the country.
     
    The imaging service provider market is poised for substantial growth as quality and value based repair and replacement options continue to be sought out by health care providers looking for ways to better manage costs.
     
    “Alpha Source and its companies expand and broaden their role as a scaled supplier of imaging services," said Rick Lytle, Alpha Source CEO. "We are excited to collaborate with BC Technical to offer a wider array of solutions and further help health care providers find cost effective solutions to extend the life of their diagnostic imaging equipment.”
     
    Founded in 1986, Alpha Source has its roots as an OEM parts distributor, medical device battery manufacturer and medical equipment service provider. In March 2015, Baird Capital acquired Alpha Source with the intention of building a diverse medical device service, repair and parts distribution business. Since the Baird deal, Alpha Source has made four additional strategic acquisitions. The BC Technical deal is the fifth acquisition in less than three years for Alpha Source.
     
    The addition of BC Technical to the portfolio of companies brings the total number of employees to over 350, with field engineers located in major markets around the country. Alpha Source headquarters will remain in Milwaukee, Wis., with additional BC Technical and Medical Optics locations in Chicago, Ill.; Fort Lauderdale, Fla.; Louisville, Ky.; and Salt Lake City, Utah.
     
    Said Lytle, “The talent and expertise of our employees will allow us to grow and provide our customers with customer care that combines exceptional service, fast response times and value.”
     
    Alpha Source provides solutions to extend the life of medical equipment for health care customers and their equipment repair providers. A blend of OEM quality and independent service provider flexibility, Alpha Source delivers four distinct, ISO certified and U.S. Food and Drug Administration-registered offerings: a nationally scaled imaging service division, depot repair operations, manufacturing of OEM quality medical battery packs, and distribution and logistics of over 60,000 SKUs of biomed parts, supplies and accessories. Alpha Source also acquired Medical Optics, a scope repair company located in south Florida, in early 2017.
     
    
BC Technical was founded in 1995. Its expertise in all major OEM medical imaging systems includes the latest PET, PET/CT, SPECT, SPECT/CT, CT and magnetic resonance technologies. The company offers the same level of resources, expertise and quality expected from large OEMs and provides nationwide on-site service in all 50 states and personal technical/clinical support.
     
    Baird Capital makes venture capital, growth equity and private equity investments in strategically targeted sectors around the world. Having invested in more than 300 companies over its history, Baird Capital partners with entrepreneurs and, leveraging its executive networks, strives to build exceptional companies. Baird Capital provides operational support to its portfolio companies through teams on the ground in Asia, a proactive portfolio operations team and a deep network of relationships, which together strive to deliver enhanced shareholder value. Baird Capital is the direct private investment arm of Robert W. Baird & Co.
    Related Searches
    • market
    • venture capital
    • medical
    • ceo
    Suggested For You
    New CEO Named at Alpha Source Group New CEO Named at Alpha Source Group
    Safari Circuits Inc. Safari Circuits Inc.
    10 Steps to a Successful Product Development Arrangement 10 Steps to a Successful Product Development Arrangement
    Tiny Robots Step Closer to Treating Hard-to-Reach Parts of the Body Tiny Robots Step Closer to Treating Hard-to-Reach Parts of the Body
    RSNA News:  Toshiba Medical Expands Neuro MR Capabilities with Advanced Gradient Offering RSNA News: Toshiba Medical Expands Neuro MR Capabilities with Advanced Gradient Offering
    IRADIMED CORPORATION Announces FDA Clearance of MRI Compatible Patient Vital Signs Monitor IRADIMED CORPORATION Announces FDA Clearance of MRI Compatible Patient Vital Signs Monitor
    Welch Allyn Introduces Connex Cardio ECG Welch Allyn Introduces Connex Cardio ECG
    Siemens Gains First FDA Clearance for 7T MRI Device Siemens Gains First FDA Clearance for 7T MRI Device
    Physicists & Engineers to Build Next-Gen MRI Brain Scanner Physicists & Engineers to Build Next-Gen MRI Brain Scanner
    FDA Clears Implant to Treat Moderate to Severe Sleep Apnea FDA Clears Implant to Treat Moderate to Severe Sleep Apnea
    FDA Clears First Duodenoscope with Disposable Distal Cap FDA Clears First Duodenoscope with Disposable Distal Cap
    AFib? There AFib? There's an App for That
    Recall: Intra-Aortic Balloon Pumps Carry Risk of Valve Failure Recall: Intra-Aortic Balloon Pumps Carry Risk of Valve Failure
    Oscor Recalls Extension Cables Due to Risk of Cable Separation from Connector Oscor Recalls Extension Cables Due to Risk of Cable Separation from Connector
    MRI Contrast Based on Human Protein Targets Tumors MRI Contrast Based on Human Protein Targets Tumors

    Related Breaking News

    • New CEO Named at Alpha Source Group

      New CEO Named at Alpha Source Group

      Company expands customized service solutions to focus on OEM partnerships.
      Alpha Source Group 12.15.20

    • Safari Circuits Inc.

      Safari Circuits Inc.

      ...
      Ken Brown, Director, Business Development 12.02.20

    • R&D & Design
      10 Steps to a Successful Product Development Arrangement

      10 Steps to a Successful Product Development Arrangement

      When hiring a product development partner, be sure to address these critical issues during the vendor selection process.
      David C. Robson, Principal, Robson Advisors 12.05.17


    • Tiny Robots Step Closer to Treating Hard-to-Reach Parts of the Body

      Tiny Robots Step Closer to Treating Hard-to-Reach Parts of the Body

      The robots were manufactured by coating tiny algae with magnetic particles.
      University of Edinburgh 11.27.17

    • Diagnostics
      RSNA News:  Toshiba Medical Expands Neuro MR Capabilities with Advanced Gradient Offering

      RSNA News: Toshiba Medical Expands Neuro MR Capabilities with Advanced Gradient Offering

      Vantage Galan 3T XGO edition with new Saturn X Gradient provides 30 percent increase in SNR during Neuro MR exams.
      Business Wire 11.27.17

    Loading, Please Wait..

    Trending
    • The Future Of Biomedical Engineering Advancements
    • Cirtec Medical Corporation Acquires Precision Components Business From QMD
    • FDA Clears LiveMetric's Wearable Blood Pressure Monitoring Tech
    • A New Approach To Post-Market Surveillance
    • Philips Names New Supervisory Board Chairman
    Breaking News
    • Coloplast Launches New Catheter in the U.S.
    • Josh Ghaim and Sachin Jain Join Cue Health Board of Directors
    • NAMSA Relaunches Medtech Outsourcing Solution
    • Rollomatic Inc. Welcomes Joe Kane as CEO
    • Alveo Technologies Announces New Executive Leadership
    View Breaking News >
    CURRENT ISSUE

    November 2022

    • MPO's 2022 Year in Review
    • Fine Print: A Discourse on Additive Manufacturing
    • Grab and Go: Examining the Thrombectomy Device Market
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Dr. Ranjini Murthy Joins Azelis Americas as SVP of Commercial and Digital Excellence
    Pomegranate Extract Tied to Gut and Skin Microbiome Benefits
    Berry Health Benefits Symposium Includes Panel on Dietary Supplements
    Coatings World

    Latest Breaking News From Coatings World

    Evonik, Partners Launch PlasCO₂ Project for C4 Chemicals Production
    Masco Corporation Reaches $5 Million Milestone in Grant Program
    Arkema Partners with Research Institute to Open New Lab in France
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Coloplast Launches New Catheter in the U.S.
    Josh Ghaim and Sachin Jain Join Cue Health Board of Directors
    NAMSA Relaunches Medtech Outsourcing Solution
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Pfizer Revenues Soar to Record-Breaking $100B in 2022
    iuvo BioScience Appoints Industry Exec to Lead Lab Biz
    Seqens Opens Flagship R&D Center in Greater Boston
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    U.S. Prestige Beauty Industry Sales Revenue Grew 15% in 2022
    Personal Care Market Forecasted to Grow at CAGR of 6.4% from 2022-2027
    P&G Designs Recyclable Pump Dispenser
    Happi

    Latest Breaking News From Happi

    Nutricosmetics & Wellness Market Expected to Grow 5% by 2033
    Anastasia Beverly Hills Celebrates 25th Anniversary
    Henkel Honors Leading Suppliers During American Cleaning Institute Convention Week
    Ink World

    Latest Breaking News From Ink World

    Early-Bird Registration Opens for Print UV 2023
    Arkema Partners with Research Institute to Open Lab in France
    White Inorganic Pigments Market Worth $29.5 Billion by 2026: MarketsandMarkets
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    AWA to host 23rd Global Release Liner Industry Conference & Exhibition
    Color-Logic certifies Ecofoil digital labestock for cut sheet printers
    Brandywine Label Printing names Dave Rosen new president
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Ahlstrom Launches New Generation FluoroFree Technology
    Berry to Begin Production at India Healthcare Hub Early This Year
    FiltXPO to be Held in October
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Mobi-C Cervical Disc Replacement Procedures Top 200,000
    OPUM, Corflex Global Partner on Knee Assessment Technology
    ODT's Most-Read Stories This Week—Jan. 28
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Textiles are Smarter with Durak SilverPro Conductive Threads
    Arkema Partners with Research Institute to Open Lab in Mulhouse, France
    Veridos to Become Majority Shareholder in NetSeT

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login