Ambulance Service - 911 and Transports

Description:
The Company is a leading provider of emergency and non-emergency medical transport (NEMT) services, serving a diverse range of patients through healthcare providers. The Company offers facility-to-facility transfers, residence-to-facility transport, 911 emergency response, and airport transfers, leveraging a modern ambulance fleet equipped for advanced life support (ALS) and basic life support (BLS). Operations are supported by a 24/7 dispatch and billing infrastructure, with a strong focus on clinical excellence, regulatory compliance, and patient safety.

Key Aspects:
• The Company's adjusted EBITDA grew at a compound annual growth rate of 63.4% from 2022 to 2024.
• The Company maintained an average revenue of $30.6M from 2022 to 2024, with 70.1% of 2024 revenue being derived from NEMT services.
• Revenue is generated by a diverse payor mix, including hospitals, Medicaid, Medicare, private insurance, and brokers.
• The Company has several contracts with local hospitals and facilities, representing approximately $17.7M in revenue for 2024.
• An in-house maintenance crew provides service and repairs to the Company's ambulances.

Opportunities:
• Expand the Company's geographical reach to provide wider coverage in the local area.
• Grow the Company's para-medicine and treat-in-place programs, reducing unnecessary emergency department (ED) visits.
• Tap into emerging stretcher van market.
• Explore artificial-intelligence (AI)-driven/predictive dispatch to improve efficiency, response times, and resource allocation.

Headquartered:
• Northeast, US

Current Markets:
• The Company primarily serves healthcare facilities, such as hospitals, nursing homes, and rehabilitation centers across the local region.
• The Company's payor mix includes insurance providers, managed care organizations, and private pay patients.
Real Estate:
• The Company operates from a 60,000 sq. ft. location with onsite parking and a diesel fueling station.
• The facility is owned by an affiliated entity, and is not expected to be included in the sale of the Company, but may be leased long-term.

Shareholder Ownership:
• The main entity is owned by a single shareholder who also owns the secondary entity along with a minority shareholder.
• Both owners seek to pursue retirement post-sale.