Allegiance Mobile Health: Debt And Equity Raised From Brightwood Capital

By Amit Chowdhry ● Apr 30, 2024

Allegiance Mobile Health, the largest private Texas-based provider of medical transportation and 911 emergency services, and Brightwood Capital Advisors (a private credit firm with over $5 billion in assets under management), announced that Brightwood provided AMH with debt and equity financing to support the company’s growth strategy.

The focus is on continuing to offer a high level of service to AMH’s hospital system and 911 community partnerships and expansion through M&A.

AMH is the largest private Texas-based medical transportation and 911 emergency services provider. The company provides mobile healthcare services to over 17,000 square miles of 911 territory and completes 215,000 service requests annually.

AMH has 1,200+ employees and operates over 250 vehicles and 70 stations. Its scale and reputation as a trusted provider of patient care in Texas have enabled the company to expand its offerings to provide critically needed services to communities throughout the state.

KEY QUOTES:

“AMH’s steady growth across its core service offerings is a testament to the company’s longstanding reputation as a trusted provider of medical transportation and 911 emergency services for the Texas region. Healthcare and transportation services are two increasingly important markets within our investment focus, and we’re excited to leverage our expertise in these spaces to accelerate AMH’s organic and inorganic growth strategy.”

  • Sengal Selassie, Chief Executive Officer and Managing Partner of Brightwood Capital

“Brightwood’s support and expertise will be instrumental as we enter our next growth phase, pursuing initiatives that enable us to deepen our regional presence and expand our service offerings. We are eager to find strategic partners interested in joining our growing network that are aligned with our commitment to delivering high quality mobile healthcare services, and we look forward to embarking on this next chapter together.”

  • David Lee, Chairman and CEO of AMH
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