Will A PE Firm Fly Away with Air Medical?

Another day, another healthcare deal. But this time I also get to write about helicopters. Brockway Moran & Partners and MVP Ventures have put Air Medical Group up for sale, sources say. Air Medical, which flies people in need of critical care to hospitals or medical centers, is a combination of several companies that the PE firms began buying in 2004. Buyout shops are mainly vying for Air Medical, with Bloomberg reporting that Bain Capital and Warburg Pincus are among the bidders.

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