Envision Healthcare Holdings Inc. is the parent of the biggest US provider of ambulance services. The company has filed with regulators its initial public offering of common stock valued at US$100 million.
Last April, Reuters reported that Envision Healthcare has chosen banks to lead a US$750 IPO. In June, the company changed its name from Emergency Medical Services Corp (EMSC) to Envision Healthcare Holdings Inc.
The Colorado based company is backed by private equity firms Clayton, Dubilier & Rice LLC. It markets its services under the brands of AMR and EmCare.
The healthcare related company was establish in 2005 after Onex Corp, a private equity company purchased medical transport firm, American Medical Response and physician services provider EmCare and collaborated the two. On the same year, EMCS went public.
In 2011, Clayton, Dubilier & Rice took over the company for US$2.9 billion. The private equity firm also assumed a total of US$300 million debt.
The initial public offering filing did not disclose any information on how many shares will be offered by the firm along with its expected price.
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