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Global Medical Response Completes Purchase Of Grandview Aviation

Mar 29, 2022•over 3 years ago

Acquiring Company

Global Medical Response

Acquired Company

GrandView Aviation

Health CareMedia And Entertainment

Description

Global Medical Response (GMR) leaders today announced the company has acquired the assets of GrandView Aviation. Based in Baltimore, Md., GrandView is a leading North American organ procurement transport aviation company with 130 employees and a fleet of Phenom 300 aircraft.

Company Information

Company

Global Medical Response

About

With more than 35,000 employees, Global Medical Response delivers compassionate, quality medical care, primarily in the areas of emergency and patient relocation services in the United States and around the world. GMR was formed by combining the industry leaders in air, ground, managed medical transportation, and community, industrial/specialty and wildland fire services. Each of our companies has a long history of proudly serving the communities where we live: American Medical Response (AMR), Rural Metro Fire, Air Evac Lifeteam, REACH Air Medical Services, Guardian Flight, Med-Trans Corporation and AirMed International. For additional information, visit us on LinkedIn or at www.GlobalMedicalResponse.com. SOURCE GrandView Aviation

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed