Cotati, Calif. — ProTransport-1, the nation’s leading provider of patient logistics solutions to hospital systems, has reached an agreement to acquire Illinois-based ATS Medical Services, the third ambulance provider in the past six months to partner with ProTransport-1 as it further expands outside its San Francisco Bay Area home.
The acquisition enables ATS to gain additional ambulance industry expertise as well as capital to help the company fuel its growth, with New Heritage Capital serving as the private equity investor facilitating the transaction. ProTransport-1 brands now operate in California, Florida, Illinois, Indiana and New Mexico.
ProTransport-1 continues to exhibit a knack for partnering with likeminded companies poised for growth. Since securing financing in 2012 from its private equity partner Heritage, ProTransport-1 has acquired Southern California’s PRN Ambulance in July 2015, Florida’s Century Ambulance Service in September 2015, and now ATS.
ProTransport-1 and its sister companies serve patients and healthcare customers in key regions such as the San Francisco Bay Area, Los Angeles, Chicago, Indianapolis, Sacramento, Calif., and Jacksonville, Fla. Each brand is known for offering comprehensive, innovative patient logistics services. Their shared knowledge of ambulance and EMS will serve as a boon to plans for strategic growth in existing and new areas of operation.
An established provider of ambulance services in Illinois and Indiana, as well as Holloman Air Force Base in New Mexico, ATS serves healthcare customers large and small. With additional administrative support and executive leadership from ProTransport-1, ATS looks to extend its exemplary patient care, customer service and innovative practices to more patients in the region. Each company will reap the rewards of EMS collaboration while collectively bolstering their overall leadership and customer service capabilities.
ProTransport-1 is an established trendsetter in the interfacility medical transportation market it helped create in the San Francisco Bay Area more than a decade ago. The company’s ardent patient advocacy and unique approach to technology integration have made it a sought after industry advisor nationwide. It has also been featured in Inc. Magazine’s list of the fastest-growing private companies in America, the Inc. 500|5000, five years running. For more information, visit www.protransport-1.com.
About ATS Medical Services
ATS Medical Services is devoted to helping others through caring and compassionate service. Operating in its home state of Illinois as well as Indiana and New Mexico, ATS has established a reputation for high quality patient care, customer service and medical transportation services. ATS offers both emergency and non-emergency ambulance transportation, medical billing and emergency medical dispatch. For more information, please visit www.atsambulance.com.
About New Heritage Capital
New Heritage Capital has spent decades focused on partnering with growing family-owned or founder-controlled businesses through a unique structure called the Private IPO®. In a typical Private IPO® transaction, New Heritage provides significant liquidity to founder-owners while allowing them to retain voting control and a significant economic stake. Its approach provides shareholders with the desired amount of liquidity, resolves transition issues and allows shareholders to maintain control and accelerate the growth of their company. For more information, visit www.newheritagecapital.com.