03/16/2017

Air Methods to be Acquired by American Securities in $2.5 Billion Transaction

Long-standing client Air Methods Corporation, a global leader in air medical transportation and air tourism, recently announced it has entered into a definitive agreement to be acquired by affiliates of American Securities LLC. Under the terms of the agreement, the affiliates of American Securities will acquire all outstanding shares of Air Methods for $43.00 per share in cash. The transaction has a total enterprise value of approximately $2.5 billion, including net debt, which will enable Air Methods to continue to execute and strengthen its market offerings to benefit patients, employees, customers, and business partners. Air Methods is the largest domestic air medical transport provider in the $5 billion medical transport market, serving 48 states with over 300 bases of operations.

Holland & Hart’s deal team is working as co-counsel with Paul, Weiss on the transaction. The deal team was led by Denver attorneys Chris Balch, James Crowe and Nick Venetz, with subject matter expertise from Matt Smith, Matt Abell, Mark Wiletsky, Elizabeth Mitchell, and Lindsay Silber, among many others that provided significant client service, strategic leadership, dedication, and talent. The deal team was supported by more than 25 attorneys from Holland & Hart’s offices throughout the Intermountain West and in Washington, D.C.

For more information, please see Air Method’s press release.

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