MILWAUKEE--(BUSINESS WIRE)--Alpha Source, Inc., a leader in imaging service and medical device parts distribution for health care providers, announced today it was the recipient of the Outstanding Corporate Growth Award, presented by the Wisconsin Chapter of the Association for Corporate Growth.
Every year, ACG honors a Wisconsin company that demonstrates sustained financial performance, strong business culture and strategic excellence, with revenues between $10-250 million. The 2017 Outstanding Corporate Growth Award winners were honored at the ACG Wisconsin lunch meeting October 13, 2017.
As a leading provider of innovative solutions that extend the life of medical equipment through replacement parts supply, repair, maintenance and service, Alpha Source helps health care providers better manage their costs. In the last two and a half years, Alpha Source has doubled the company’s revenue and tripled the number of employees. The company recently acquired Medical Optics, a global leader of endoscope and surgical instrument repair, in April 2017.
“Alpha Source is honored to be recognized for our continued growth since 1987,” said Rick Lytle, Chief Executive Officer of Alpha Source and Medical Optics. “We are proud of this achievement which we owe to our Milwaukee, Fort Lauderdale and field-based employees for their unwavering dedication and exceptional service to our health care clients.”
Founded over 30 years ago, Alpha Source, which was acquired by Baird Capital in 2015, is an ISO certified distribution, manufacturing, service and repair company with a strong reputation for quality customer satisfaction.
ACG is Wisconsin’s premier professional organization focused on corporate growth, corporate development, and mergers and acquisitions. The firm has recognized growing Wisconsin companies with the Outstanding Corporate Growth Award since 1995. Two awards are given each year: One to a company with revenues between $10-250 million and the other to a company with revenues in excess of $250 million.
About Alpha Source
Alpha Source provides solutions to extend the life of medical equipment for health care customers and their equipment repair providers. A unique blend of OEM quality and Independent Service Provider flexibility, Alpha Source delivers four distinct, ISO certified and FDA 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. The company is headquartered in Milwaukee, Wisconsin and owned by private equity sponsor, Baird Capital.
For a complete company description, visit alphasource.com or call 800-654-9845.