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Innovatus Imaging Corp.
Innovatus Imaging repairs and manufactures ultrasound probes and MRI coils from three Centers of Excellence in the US, led by CEO David H. Peace.
Innovatus Imaging Corp.
Innovatus Imaging Corp. was co-founded by Dennis Wulf and Michael Labree, though the year of founding is not publicly disclosed. The company is headquartered in Pittsburgh, Pennsylvania, with additional facilities in Tulsa, Oklahoma, and Englewood, Colorado. The firm's business spans two main modalities: ultrasound probe repair and MRI coil repair, as well as contract manufacturing of specialty ultrasound probes and acoustic arrays. Innovatus positions its three facilities as Centers of Excellence — a term typically used for clinical care — applied to device repair and manufacturing. The company holds FDA registration as a device manufacturer and maintains ISO 13485 certification. Clients include health systems such as WakeMed Health & Hospitals and TriMedx, as well as Universal Health Services. The company reports more than 195,000 probes repaired and 50,000 MRI coil repairs completed. Its leadership includes nine named executives covering operations, sales, finance, and technology. Innovatus also provides loaner devices, expedited turnaround, and technical education through webinars, such as a "Basics of Ultrasound" session taught by director Ted Lucidi. A structural differentiator is the company's deliberate adoption of the Centers of Excellence model — typically reserved for clinical specialties — for imaging equipment repair and manufacturing. This repositioning frames device maintenance as a specialized, quality-driven discipline rather than a commoditized service.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Pittsburgh
Corporate office
575 Epsilon Drive, Pittsburgh, PA 15238, United States
Additional offices
12505-A East 55th Street, Tulsa, OK 74146 · 357 Inverness Drive South, Suite C, Englewood, CO 80112
Principals
David H. Peace
Chief Executive Officer
Michael Labree
Chief Technology Officer and Co-Founder
Tabitha Woodson
Chief Financial Officer
Jon Hoffman
General Manager: Center of Excellence for Ultrasound Probe Repair
Matt Tomory
Vice President, Sales and Marketing
James Ashbaugh
Director of Business Development
Laci Yocum
Director of National Accounts
Ted Lucidi, CBET
Director of Commercial Operations and Customer Analytics
Dennis Wulf
Chairman and Co-Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Innovatus Imaging Corp.?
The firm is led by CEO David H. Peace, with co-founders Dennis Wulf serving as Chairman and Michael Labree as Chief Technology Officer. The leadership team also includes CFO Tabitha Woodson and several operational directors. The company does not disclose an investment committee or separate investment decision-making body.
How does Innovatus Imaging source its deal flow or customers?
Innovatus operates a direct B2B service model, contracting with hospitals and health systems for ultrasound probe and MRI coil repair. The company lists clients such as WakeMed Health & Hospitals, TriMedx, Universal Health Services, and others. Customer testimonials suggest repeat business driven by quality and turnaround time.
Is Innovatus Imaging structured as a single family office or does it operate more like a corporate entity?
Innovatus Imaging Corp. is structured as a privately held corporation, not a family office. The firm lists Dennis Wulf as Chairman and Co-Founder, but does not identify a single underlying family as the exclusive owner. It does not manage outside capital or operate as an investment vehicle.
What investment stages does Innovatus Imaging typically target?
The firm does not function as an investment manager; it provides repair and manufacturing services for medical imaging equipment. Innovatus invests in its own facilities, R&D, and regulatory compliance, including FDA registration and ISO 13485 certification, according to its website.
Which sectors does Innovatus Imaging explicitly avoid?
The company focuses exclusively on ultrasound and MRI devices. It does not service CT, X-ray, or other imaging modalities, based on the services listed on its website.
Where does the underlying wealth come from?
The wealth origin of Innovatus Imaging Corp. is not publicly disclosed. The firm does not disclose ownership structure or the source of its capital.
Does Innovatus Imaging maintain philanthropic structures, and how are they separated?
No philanthropic structures are disclosed on the firm's website or in available public sources.
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