Air Medical Group Holdings (AMGH), a leading air medical transport company, has signed a purchase agreement to acquire Seven Bar Aviation, LLC (SBA).
Air Medical Group Holdings (AMGH), a leading air medical transport company, has signed a purchase agreement to acquire Seven Bar Aviation, LLC (SBA), a privately-held air medical operator offering fixed and rotor wing services to a broad array of leading healthcare organizations throughout the nation. SevenBar Aviation will closely align with Med-Trans Corporation and the transaction is expected to close soon.
SevenBar Aviation has grown its geographic footprint significantly over the last seven decades and has a fleet of nine jet and turboprop airplanes, in addition to six helicopters. The company is headquartered in Dallas, Texas, with nearly 100 employees and currently has bases in New Mexico, Texas, Maine, Massachusetts, Virginia, and North Carolina.
"SevenBar Aviation's commitment to its communities, patients and healthcare partners are a tremendous asset and will align with the AMGH and Med-Trans strategic vision and culture," said Med-Trans President Rob Hamilton. "We are very much looking forward to working with the leadership and dedicated employees of SevenBar."
SevenBar President Kim Montgomery said, "We are very proud of the long term relationships that we have held for many years with our healthcare partners. This new partnership with Med-Trans Corporation and the support from AMGH will enable us to continue to focus on our mission; providing additional value and long term solutions for our partners, our employees and communities."
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