Asset Manager

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Alpha Source Group

Alpha Source Group operates as a consolidator in the medical equipment servicing industry, founded as Alpha Source and later building a parent group that...

Alpha Source Group

Alpha Source Group operates as a consolidator in the medical equipment servicing industry, founded as Alpha Source and later building a parent group that includes Medical Optics and BC Technical. The firm serves hospitals and healthcare providers who face longer equipment lifecycles and pressure to reduce costs — a structural shift that drives demand for third-party maintenance. The company's service model covers diagnostic imaging, surgical, life sciences, and healthcare technology management (HTM). It deploys a national technician network, depot repair facilities, and a parts supply chain across the US, Canada, the UK, and France. The firm claims a 4.8/5 customer satisfaction score per Service 800. On its website, Alpha Source Group prominently announces the acquisition by Probo Medical, a medical imaging equipment distributor. This transaction likely provides capital and scale for further expansion. The company lists eleven physical locations in North America and Europe, including a Canadian headquarters in Oakville, Ontario, and European operations in Gloucester, UK, and St Luce sur Loire, France. Unlike many family offices that manage financial assets, Alpha Source Group is an operating company with a services platform. Its structural differentiator is the breadth of healthcare segments and the depth of in-house technical and depot capabilities, which allow it to offer a neutral, custom service solution rather than being tied to a single OEM.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Milwaukee

Corporate office

Milwaukee, WI, United States

Additional offices

Tampa, FL · Corona, CA · Vista, CA · Tamarac, FL · Fishers, IN · Jeffersonville, IN · Tulsa, OK · West Jordan, UT · Oakville, Ontario, Canada · Gloucester, England, United Kingdom · St Luce sur Loire, France

Principals

Mike Dilick

CEO

Sector focus

Healthcare ServicesMedical Devices

Frequently asked questions

Who makes investment decisions at Alpha Source Group?

CEO Mike Dilick leads the company, as stated on the firm's website. The ownership structure after the Probo Medical acquisition is not publicly detailed.

What does Alpha Source Group actually do?

Alpha Source Group provides repair, depot service, and parts supply chain for diagnostic imaging, surgical, and biomedical equipment. It operates under three brands: Alpha Source, Medical Optics, and BC Technical (per the firm's website).

Is Alpha Source Group a family office or an operating company?

Alpha Source Group is an operating company in the healthcare technical services space, not a traditional family office managing financial assets. Its model is a consolidated service platform rather than an investment vehicle.

What geographic regions does Alpha Source Group serve?

The company has locations across the US (Tampa, Corona, Vista, Tamarac, Fishers, Jeffersonville, Tulsa, West Jordan), Canada (Oakville, Ontario), the UK (Gloucester), and France (St Luce sur Loire), per its contact page.

How does Alpha Source Group source its deal flow?

The firm's growth appears driven by acquisitions, as evidenced by its homepage announcement of being acquired by Probo Medical. The company does not disclose proprietary deal sourcing mechanisms.

What sectors does Alpha Source Group explicitly focus on?

The company focuses exclusively on healthcare — specifically diagnostic imaging, surgical, life sciences, and healthcare technology management (HTM). It does not operate outside medical equipment servicing.

What is Alpha Source Group's stance on co-investments or fund commitments?

Alpha Source Group does not appear to participate in fund investments or co-investments; it is a direct-to-operation services business. No public information suggests external capital deployment beyond its own operations.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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