Completed Transactions

Completed Transactions > Manufacturing > Encore Technical Services Acquired By Wave Imaging Solutions

Encore Technical Services Acquired By Wave Imaging Solutions

Encore Technical Services

Date

Apr 2021

Region

Massachusetts

We are pleased to share the sale of our client, Encore Technical Services, Inc., to Wave Imaging Solutions. The acquisition closed April 30, 2021.

Located in North Attleboro, Massachusetts, Encore Technical Services (ETS) is a medical equipment seller and service contractor. The company focuses on repairing, servicing, and selling diagnostic imaging equipment, specifically ultrasound systems. ETS is continuing to expand its capabilities and is well-positioned for growth in an attractive market.

ETS’ highly skilled technicians are available to provide efficient and cost-effective repairs and maintenance service on various ultrasound systems. With the company’s quick response time, excellent customer service, and on-hand parts inventory, ETS can resolve equipment issues the same day clients need repairs.

Most of the company’s revenue is derived from recurring service and maintenance, but ETS also sells medical device parts and equipment.

Wave Imaging Solutions (WAVE), located in Mentor, Ohio, is a full-service ultrasound sales and service company. Wave has been in business for 20 years selling new and refurbished ultrasound systems and parts.

Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Senior M&A Advisor, Jeff Carignan, with the support of Vice President, Mergers & Acquisitions, Corey Painter, successfully closed the deal. Executive Managing Director Bill Kushnir established the initial relationship with ETS.

“The new ownership of Encore Technical Services is a great fit. Both parties were motivated to conclude this deal which helped it through the typical ups and downs of the closing process. This was a truly successful transaction for both parties, which is what we strive for with all of our clients,” said Carignan.

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Healthcare & Life Sciences M&A Deals page.

Sell smart

Download our FREE exit planning whitepaper, detailing everything you need to know before you make any big decisions about selling. Leave your name and email address to have it sent directly to your inbox.

Exit planning basics: what you need to know before you start

Exit planning Basics: What your need to know before you start
Success

Your whitepaper is ready, to download it please click the button below.