Kirkland & Ellis LLP represented Air Medical Group and Bain Capital, which today announced it signed a definitive agreement to sell Air Medical Group to investment firm KKR. Financial terms of the transaction were not disclosed.
Air Medical provides emergency transportation services to individuals with critical health issues or injuries who are located too far from hospitals to be transported by ground in a timely manner. Air Medical's subsidiaries transport more than 75,000 critically injured patients each year through a fleet of helicopters and airplanes that operate 24 hours a day and seven days a week. In addition Air Medical provides over 120,000 ground transports on an annual basis.
The Kirkland team was led by corporate partners Jon Ballis and Neal Reenan and associates Christopher Thomas, Matthew Schlosser and Rosalyn Flores.