Air Medical, LLC (Air Medical) has been acquired by AirMed International, LLC (AirMed), a subsidiary of Air Medical Group Holdings (AMGH). AMGH is a portfolio company of KKR & Co. L.P. Air Medical is a CAMTS (Commission on Accreditation of Medical Transport Services) accredited air medical service that provides emergency air transport to the citizens of Texas and beyond.
Provident Healthcare Partners served as exclusive financial advisor to Air Medical. The terms of the transaction were not disclosed.
“From the beginning, I always felt as though Provident was a great partner for this process. Provident always had our best interests in mind and played a key role in bringing this transaction to a successful close,” said Joe McCart, chairman of Air Medical.
“Joe McCart and his team at Air Medical have built an exceptional emergency air transport business with bedside to bedside service,” said Steven Aguiar, managing director at Provident.
