AmeriPro Health (a leading provider of patient logistics and last-mile healthcare delivery services) announced a partnership with Whistler Capital Partners (a leading healthcare-focused private equity firm, to invest in the Company and support its continued growth). And AmeriPro will continue to be led by founder and CEO Suhas Uppalapati and the company’s existing executive leadership team. The deal is expected to close in the first quarter of fiscal year 2024, subject to customary closing conditions and regulatory approvals. The financial terms were not disclosed.
Launched in 2018, AmeriPro is a fast-growing, tech-enabled medical transportation and patient logistics platform that serves a diverse group of leading health systems and communities across Georgia, Florida, Mississippi, Indiana, Kentucky, and Tennessee. AmeriPro continues differentiating itself in the market as the partner of choice across the Southeast through its steadfast commitment to delivering sustainable transportation solutions, prioritizing patient safety and experience, and driving innovation across the industry.
This partnership will enable AmeriPro to accelerate its growth in new and existing geographic regions and expand its tech-enabled logistics offering along the patient care continuum. And AmeriPro will also have access to leading technology and development resources through Whistler Labs LLC, an affiliate of Whistler Capital. With Whistler Capital’s backing, AmeriPro will continue driving innovation and transformation into both acute and post-acute care settings by leveraging AI and data analytics for enhanced patient flow management and resource utilization to drive better patient care and productivity.
The growth partnership with Whistler Capital is expected to solidify AmeriPro’s competitive advantage in the industry and advance its differentiated tech-enabled offering – which has already been operationalized through partnerships with leading academic health systems.
Brentwood Capital Advisors served as financial advisor and Bass, Berry & Sims served as legal advisor to Whistler Capital. And Citizens M&A Advisory served as financial advisor and Morris, Manning & Martin LLP served as legal advisors to AmeriPro Health.
KEY QUOTES:
“We’re thrilled to partner with Whistler Capital as we seek to bring superior patient care, best-in-class client service and the differentiated tech-enabled offering we are known for to more clients and communities around the U.S. With Whistler’s support, we look forward to capitalizing on the vast opportunities ahead of us: from continued expansion in community-based settings and discharge optimization to intake triage and revolutionizing patient logistics.”
– AmeriPro Founder and CEO Suhas Uppalapati
“At Whistler Capital, we have deep expertise in the intersection of healthcare and technology and AmeriPro’s focus on driving a better patient experience through data-driven solutions is a perfect fit with Whistler’s mission and investment approach. Suhas has built a tremendous team and we are excited to support AmeriPro’s continued expansion and innovation as they continue to bring a differentiated level of efficiency and quality to patient care.”
– Geoff Clark, Managing Partner at Whistler Capital
“AmeriPro’s innovative solutions were developed to address longstanding pain points in patient logistics and transportation through rapid response, real-time patient care and have helped revolutionize the medical transport category. AmeriPro’s transformational leadership has done a fantastic job exploring and pioneering new industry solutions that drive exceptional client loyalty and robust organic growth, positioning the company well for its next stage of expansion.”
– Darshan Prabhu, Partner at Whistler Capital
