OMAHA, Neb - Harbour Point Capital, a private equity investment firm specializing in the healthcare services field, today announced completion of a new investment in Midwest Medical Transport, a premier provider of ambulance transportation services. HPC and healthcare industry veteran Kevin Ketzel, former president of Agiliti Health (NASDAQ: AGTI), partnered on the transaction.
Panorama Point Partners and its equity partners, Dixon Midland Company and ORIX Private Equity Solutions, prior investors in MMT, have sold their interests as part of the recapitalization.
Founded in Columbus, Nebraska, MMT began providing ambulance services in 1987, focusing on inter-facility transportation within health systems. The company was acquired in 2015 by Panorama, Dixon Midland, and ORIX, and has since established itself as a clear market leader in the industry, customizing its model to currently serve more than 200,000 patients annually for health systems in 10 states across the country. The new investment will allow MMT to accelerate growth in both existing and new geographic locations, continuing its commitment to superior quality, safety and customer service.
“We are proud to have assisted MMT in its growth, becoming the national leader in inter-facility medical transportation,” said Stephen George, Founder and Managing Partner of Panorama. “I have no doubt the MMT management team will reach its new goal, and I wish the company great success.”
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