American emergency medical services provider GMR Solutions (GMRS.US) prices IPO at $22-25 per share, aiming to raise $750 million.
GMR Solutions (GMRS.US) announced the terms of its initial public offering (IPO) on Monday.
US emergency medical services and alternative care provider GMR Solutions (GMRS.US) announced the terms of its initial public offering (IPO) on Monday. The company plans to issue 31.9 million shares of stock at a price range of $22 to $25 per share, raising $750 million.
Based in Lewisville, Texas, the company was founded in 2018 through a merger between Air Medical Group Holdings and American Medical Response. It is a provider of emergency medical services and outpatient care in the US and internationally. The company offers on-site clinical care by trained medical teams, coordinates patient transport through air and ground ambulances for higher level care when needed, and guides non-emergency patients to lower intensity care settings. Its wide-reaching network covers urban and rural communities and serves as an entry point to the healthcare system, supporting care services in various emergency and non-emergency situations.
Data shows that GMR Solutions generated revenue of $5.7 billion in the 12 months ending December 31, 2025. The company plans to list on the New York Stock Exchange under the ticker symbol "GMRS". JPMorgan, KKR, BofA Securities, Barclays, Goldman Sachs Group, Inc., Citigroup, Evercore ISI, Morgan Stanley, and UBS Group AG are the joint underwriters for this IPO. It is expected to be priced the week of May 11, 2026.
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