American Medical Response to be acquired for $2.4B
More than five million patients will be transported per year through a fleet of air and ground ambulances across 46 states and the District of Columbia
NASHVILLE, Tenn. — Envision Healthcare Corporation and an entity controlled by funds affiliated with KKR have entered into a definitive agreement under which KKR’s portfolio company, Air Medical Group Holdings, and Envision’s medical transportation subsidiary, American Medical Response, will combine to create a new industry leading medical transportation company. The transaction will be structured as a cash acquisition of AMR from Envision valued at $2.4 billion.
The combination of AMGH and AMR will create an integrated medical transportation company with the capability to serve patients across multiple transport modalities in the patient’s time of need. The combined company is expected to transport more than five million patients per year through a fleet of air and ground ambulances across 46 states and the District of Columbia.
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