Brightwood Capital Advisors, a private credit firm with more than $5 billion in assets under management, provided Allegiance Mobile Health, a private Texas-based provider of medical transportation and 911 emergency services, with debt and equity financing to support the company’s organic and inorganic growth strategy. The financing will support Allegiance Mobile Health in continuing to provide services to its hospital system and 911 community partnerships while expanding through M&A transactions.
“AMH’s steady growth across its core service offerings is a testament to the company’s longstanding reputation as a trusted provider of medical transportation and 911 emergency services for the Texas region,” Sengal Selassie, CEO and managing partner of Brightwood Capital, said. “Healthcare and transportation services are two increasingly important markets within our investment focus, and we’re excited to leverage our expertise in these spaces to accelerate AMH’s organic and inorganic growth strategy.”
“Brightwood’s support and expertise will be instrumental as we enter our next growth phase, pursuing initiatives that enable us to deepen our regional presence and expand our service offerings,” David Lee, chairman and CEO of Allegiance Mobile Health, said. “We are eager to find strategic partners interested in joining our growing network that are aligned with our commitment to delivering high quality mobile healthcare services, and we look forward to embarking on this next chapter together.”
