Kurtz Ambulance Service has been acquired by American Medical Response

  • dec. 2017
  • Healthcare
  • M&A: Sell-Side
  • US

Livingstone is pleased to announce the sale of Kurtz Ambulance Service, Kurtz Paramedic Service, Guardian Critical Care Services, Kurtz Industrial Fire Service, and Kurtz Municipal Dispatch (collectively, “Kurtz” or “Company”) to American Medical Response, Inc. (“AMR”). Livingstone acted as the financial advisor to Kurtz.  Deal terms were undisclosed.

“Livingstone provided expert guidance and creative deal-making throughout this complex transaction,” commented Tom Vana, CEO of Kurtz. “From the outset, my family sought and ultimately secured a strategic partner that shared our traditions of excellent patient care, community service, and an unwavering commitment to Kurtz’s dedicated employees.”

Headquartered in New Lennox, Illinois and family-owned since 1977, Kurtz is a full-service provider of professional emergency response personnel and medical transportation services to the greater Chicago area and, increasingly, nationwide.

Edward Van Horne, CEO and President of AMR, noted, “Kurtz Ambulance has a great history of service in the Chicago community and will be a great addition for us as we strengthen our commitment to provide safe, reliable medical transportation and new offerings to the communities we serve.”

Kurtz Ambulance and Guardian Critical Care, via a fleet of over 100 ambulances, provide “911” emergency response and non-emergent transport services. Kurtz Paramedic Services and Kurtz Industrial Fire Service provide emergency medical technicians, paramedics, and firefighters to municipal fire departments, fire protection districts, and large industrial facilities, including some of the world’s largest automotive manufacturing plants and chemical refineries.

“Through the Kurtz acquisition, AMR enters the attractive Chicagoland market and expands its capabilities in the areas of municipal fire staffing and outsourced emergency response personnel,” commented Ryan Buckley, a Partner with Livingstone.  “The partnership with AMR provides Kurtz with the financial and operational resources needed to continue its strong growth in the Midwest and across the U.S.”

Perkins Coie served as legal counsel to Kurtz, while Brownstein Hyatt Farber Schreck, LLP advised AMR.

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