GMR Solutions, which is leading provider of emergency medical services and alternate-site care in the US, filed on Friday with the SEC to raise up to what we estimate could be $1.0 billion in an initial public offering.
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.
The Lewisville, TX-based company 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. GMR Solutions filed confidentially on October 28, 2025. 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.
