Business Services Industry
Canadian buyout firm to buy Denver-based ambulance provider.
Knight Ridder/Tribune Business News, December, 2004
By Marsha Austin, The Denver Post Knight Ridder/Tribune Business News
Dec. 7--Canada's largest buyout firm agreed Monday to pay $820 million in cash for Denver-based ambulance transport giant American Medical Response and a sister firm, Dallas-based physician staffing firm EmCare Inc.
American Medical Response's headquarters will remain in Denver, and no changes in management or staffing are planned, said Robert LeBlanc, spokesman for the buyer, Onex Corp. of Toronto. Onex is Canada's fifth-largest company, with $15 billion in annual sales and 80,000 employees.
AMR employs 700 in Colorado and has 18,200 employees nationwide. It is the largest U.S. provider of ambulances, with a fleet of 4,400 vehicles.
The seller, Laidlaw...
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