KKR $2 billion acquisition of Air Medical Group

Overview:

• Private equity firm Kohlberg Kravis Roberts (KKR) has acquired Texas-based Air Medical Group in a $2 billion deal.
• Air Medical provides emergency medical services via helicopter, and was sold to KKR by fellow private equity firm Bain Capital.
• Most of the acquisition financing will come from KKR's North America XI fund.
• Simpson Thacher & Bartlett advised KKR.
• Kirkland & Ellis (Jon Ballis, Neal Reenan) advised Air Medical and Bain Capital.

Kurt Stumpo - Journalist - North America and the Caribbean