GMR Solutions, a leading provider of emergency medical services and alternate-site care in the US, announced terms for its IPO on Monday.
The Lewisville, TX-based company plans to raise $750 million by offering 31.9 million shares at a price range of $22 to $25.
Formed in 2018 through the merger of Air Medical Group Holdings and American Medical Response, GMR Solutions is a provider of emergency medical services and out-of-hospital care in the United States and internationally. The company delivers on-site clinical care through trained medical teams and coordinates patient transport via air and ground ambulance when higher levels of care are required, or directs non-emergent patients to lower-acuity settings. Its operations span a broad network of urban and rural communities, functioning as an entry point into the healthcare system and supporting care delivery across a range of emergency and non-emergency situations.
GMR Solutions was founded in 2018 and booked $5.7 billion in revenue for the 12 months ended December 31, 2025. It plans to list on the NYSE under the symbol GMRS. J.P. Morgan, KKR, BofA Securities, Barclays, Goldman Sachs, Citi, Evercore ISI, Morgan Stanley, and UBS Investment Bank are the joint bookrunners on the deal. It is expected to price during the week of May 11, 2026.
Wednesday, May 6, 2026
Emergency medical services provider GMR Solutions sets terms for $750 million IPO
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