Bain Beats Warburg In Air Medical Auction
Just a short post on the Air Medical Group sale before I head out for the weekend. Bain Capital inked a deal last night to buy Air Medical for $1 billion. Brockway Moran & Partners and MVP Capital Partners are the sellers. Air Medical, which flies people in need of critical care to hospitals or medical centers, is a combination of several companies that the Brockway and MVP began buying in 2004. The sale to Bain is expected to close during the third or fourth quarter.


