INSIGHT

Paramedics Plus, LLC has been acquired by A&M Capital Partners, LP to form Paramedics Logistics Operating Company, LLC (Paramedics Logistics). Paramedics Logistics was acquired from previous owner UT Health, formerly known as East Texas Medical Center Regional Healthcare System. The transition of Paramedics Logistics to the new ownership is expected to create new growth opportunities for its employees while continuing to deliver service and innovation for the patients and communities where they live and work. Provident Healthcare Partners (“Provident”) served as exclusive financial advisor to Paramedics Plus and UT Health East Texas. The terms of the transaction were not disclosed.

Paramedics Logistic provides exclusive emergency and non-emergency ambulance services in California, Florida, South Dakota, Indiana and Texas, under 25 exclusive performance-based contracts.

“Under previous ownership, Paramedics Logistics assembled one of the best management teams and field staff in the country. With the capital, operational resources, and pedigree of A&M Capital, Paramedics Logistics is now positioned to accelerate its growth through securing new contracts and acquisitions,” commented Steven Aguiar, Managing Director of Provident Healthcare Partners.

“I am thankful to the Provident team for their thoroughness and efforts throughout this process. Provident has provided outstanding guidance and counsel, and this deal would have never closed without Provident,” stated Ron Schwartz, President of Paramedics Logistics.

About Paramedics Logistics
Paramedics Logistics employs over 1,300 EMTs, paramedics and registered nurses. Its ambulances are leading-edge mobile units that bring the emergency services of a hospital directly to the patients’ side. Committed to excellence, each of the Company’s operating sites are accredited to the gold standard by the Commission on Accreditation of Ambulance Services (CAAS) and each of the operating sites communications centers that the Company controls are accredited as an Accredited Center of Excellence (“ACE”). Florida, South Dakota, and Texas operations. For more information, visit http://www.paramedicsplus.com/.

About Provident Healthcare Partners
Provident is the leading investment banking firm specializing in merger and acquisition advisory, strategic planning, and capital formation for healthcare companies. The firm has a comprehensive knowledge of market sectors and specialties, and unsurpassed experience and insight into the M&A process. For more information, visit www.providenthp.com.

Contact:
Provident Healthcare Partners
Gina Casiello
617-742-9800

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  • “We would not have been successful navigating the process without Provident’s hard work and active participation. They exceeded our expectations and we would highly recommend them to any health care company seeking a knowledgeable and engaged investment banking firm.”

  • “Provident’s depth of experience and practical business savvy was demonstrated in their ability to cut through what sometimes looked like impasse.”

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”