About DirectMed Parts
DirectMed Parts is a company based in Poway (United States) founded in 2017 by William Erbes, Steve Neffinger, William Yovic, and Mike Timon was acquired by Frazier Healthcare Partners in October 2024.. DirectMed Parts has completed 4 acquisitions, including DirectMed Imaging, LBN Medical and Medical Systems Technologies. DirectMed Parts offers products and services including Medical Imaging Parts, Training Programs, Technical Support, and MRI Coils. DirectMed Parts operates in a competitive market with competitors including RENOVO SOLUTIONS, Avante Health Solutions, Shared Imaging, Olympus Medical and Kedu Medical Technology, among others.
- Headquarter Poway, United States
- Founders William Erbes, Steve Neffinger, William Yovic, Mike Timon
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Directmed Parts & Service, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Frazier Healthcare Partners
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
DirectMed Imaging
& 3 more
- Acquired by
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Products & Services of DirectMed Parts
DirectMed Parts offers a comprehensive portfolio of products and services, including Medical Imaging Parts, Training Programs, Technical Support, and MRI Coils. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Supplies new and refurbished parts for MRI and CT equipment.
Offers certified training for medical imaging operation and maintenance.
Provides 24/7 repairs and troubleshooting for imaging systems.
Sells refurbished MRI coils for various medical imaging applications.
Funding Insights of DirectMed Parts
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DirectMed Parts
DirectMed Parts has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Frazier Healthcare Partners, Mercury Partners and NMS Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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NMS Capital is engaged in strategic equity investments for growth companies.
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Healthcare sector private equity investments are managed by the firm.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DirectMed Parts
DirectMed Parts has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include DirectMed Imaging, LBN Medical and Medical Systems Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Company sells, services, and maintains CT and MRI machines for medical organizations
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2016 | ||||
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Provider of diagnostic imaging support services
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2010 | ||||
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Pre-owned medical imaging equipment and parts are supplied globally.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DirectMed Parts
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Directmed Parts Comparisons
Competitors of DirectMed Parts
DirectMed Parts operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RENOVO SOLUTIONS, Avante Health Solutions, Shared Imaging, Olympus Medical and Kedu Medical Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Medical device maintenance and support services provider
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Diversified medical devices are manufactured by the company.
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Healthcare consulting and imaging equipment maintenance services are provided.
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Provides minor repairs to major rebuilds for medical equipment, ensuring optimal functionality.
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| domain | founded_year | HQ Location |
Provider of medical device maintenance and management services for healthcare providers
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Directmed Parts
Frequently Asked Questions about DirectMed Parts
When was DirectMed Parts founded?
DirectMed Parts was founded in 2017.
Where is DirectMed Parts located?
DirectMed Parts is headquartered in Poway, United States. It is registered at Poway, California, United States.
What does DirectMed Parts do?
DirectMed Parts was established in 2017 and is headquartered in Poway, United States. Services in medical device maintenance and support are offered within the healthcare sector. Operations encompass repair, parts supply, and technical assistance to ensure equipment functionality for hospitals and clinics. The company was co-founded by William Erbes, Steve Neffinger, William Yovic, and Mike Timon, with a focus on reliable device management across the U.S.
Who are the top competitors of DirectMed Parts?
DirectMed Parts's top competitors include Medical and Scientific Equipment House, Life Systems and Olympus Medical.
What products or services does DirectMed Parts offer?
DirectMed Parts offers Medical Imaging Parts, Training Programs, Technical Support, and MRI Coils.
How many acquisitions has DirectMed Parts made?
DirectMed Parts has made 4 acquisitions, including DirectMed Imaging, LBN Medical, and Medical Systems Technologies.
Who are DirectMed Parts's investors?
DirectMed Parts has 3 investors. Key investors include Frazier Healthcare Partners, Mercury Partners, and NMS Capital.
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