We represented Envision Healthcare (NYSE: EVHC) in its sale to American Medical Response (AMR) to KKR's portfolio company, Air Medical Group Holdings (AMGH). AMR and AMGH combined to create a new industry leading medical transportation company. The transaction was structured as a cash acquisition of AMR from Envision valued at $2.4 billion. The transaction closed in March 2018.
Envision Healthcare Corporation is a leading provider of physician-led services and post-acute care, and ambulatory surgery services. At June 30, 2017, the company delivered physician services, primarily in the areas of emergency department and hospitalist services, anesthesiology services, radiology/tele-radiology services, and children's services to more than 1,800 clinical departments in healthcare facilities in 47 states and the District of Columbia.
This transaction was recognized as a Finalist for the 17th Annual M&A Advisor Awards in the categories of:
- Healthcare & Life Sciences Deal of the Year (Over $1B)
- Corporate/Strategic Deal of the Year (Over $1B)
- Private Equity Deal of the Deal (Over $1B)
- M&A Deal of the Year ($1B-$10B)