Rotorcraft
KKR Acquires Air Medical Group Holdings
AMGH and its affiliates operate 222 helicopters and 25 fixed-wing aircraft from 231 bases in 27 states.

A New York investment bank has signed an agreement to acquire the second-largest U.S. helicopter EMS company. Funds managed by KKR have acquired Air Medical Group Holdings (AMGH) of Lewisville, Texas. Terms of the deal were not disclosed, but sources reported the value of the deal at close to $2 billion. The transaction, which KKR is funding primarily from its North America XI Fund, is expected to close in the second quarter of this year and is subject to customary regulatory approvals. KKR has more than $96 billion under management.