Q2-2019 Emergency Medical Services Update
Although consolidators have been active in the emergency medicine market for almost two decades, private equity investors and their portfolio companies continue to identify and execute acquisition opportunities. Given the high capital expenditure associated with purchasing ambulance transportation assets, acquisitions will remain an essential tool for industry stakeholders. Within the urgent care market, access to working capital and relevant retail operating experience continues to motivate companies to leverage private equity partnerships. In the second quarter of 2019, Provident observed transaction activity throughout multiple sub-sectors of emergency medicine such as ambulance services, urgent care, and emergency services.
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