GREENWICH, Conn. & OMAHA, Neb.– Harbour Point Capital (HPC), a leading private equity firm focused on healthcare services, has announced a strategic investment in Midwest Medical Transport (MMT), a prominent provider of ambulance and medical transportation solutions. This partnership aims to propel MMT’s growth trajectory and broaden its reach in the national healthcare landscape. Kevin Ketzel, a seasoned healthcare executive and former president of Agiliti Health, has joined HPC in this venture, bringing significant industry expertise to the collaboration.
The recapitalization involved the acquisition of interests previously held by Panorama Point Partners (Panorama) and its co-investors, Dixon Midland Company (Dixon Midland) and ORIX Private Equity Solutions (ORIX). While the financial details of the transaction remain undisclosed, this investment marks a significant milestone for Midwest Medical Transport Company as it embarks on its next phase of development.
Established in Columbus, Nebraska in 1987, Midwest Medical Transport Company initially specialized in inter-facility transportation (IFT) services for healthcare systems. Under the stewardship of Panorama, Dixon Midland, and ORIX since 2015, MMT has evolved into an industry frontrunner, renowned for its customized service model and commitment to patient care. Today, Midwest Medical Transport Company facilitates over 200,000 patient transports annually, partnering with health systems across 10 states. The infusion of capital from Harbour Point Capital is set to accelerate MMT’s expansion, both within its current operational areas and into new territories, reinforcing its dedication to superior quality, safety, and customer satisfaction in medical transportation.
Jeff Shullaw, President & CEO of Midwest Medical Transport Company, expressed enthusiasm about the new partnership, stating, “Panorama, Dixon Midland, and ORIX played a crucial role in MMT’s evolution into a national leader in medical transportation. We are excited to collaborate with Harbour Point Capital and Kevin, leveraging their financial resources and strategic insights to extend our national footprint. This partnership will enhance our ability to provide sustainable and reliable healthcare access to an even wider population.”
Robert Juneja, Co-Founder and Partner at Harbour Point Capital, highlighted MMT’s unique service model, “Midwest Medical Transport Company distinguishes itself in the inter-facility transport sector through its tailored solutions, transparency, and unwavering accountability to health system partners. We believe MMT’s strong value proposition positions it for significant growth acceleration. Harbour Point Capital is thrilled to support Jeff and the MMT leadership team in this exciting next chapter.”
Kevin Ketzel, now a member of the MMT board, added, “I am eager to work alongside Jeff and his team to further expand Midwest Medical Transport Company’s exceptional services to healthcare providers and patients nationwide. MMT’s commitment to excellence is evident, and I am confident in our ability to achieve significant advancements together.”
Stephen George, Founder and Managing Partner of Panorama, commented on the successful partnership, “We are proud to have supported Midwest Medical Transport Company’s impressive growth into a national leader in inter-facility medical transportation. We are confident in the MMT management team’s vision and wish them continued success in their future endeavors.”
About Midwest Medical Transport
Midwest Medical Transport Company is a leading ambulance service provider, completing over 200,000 transports each year. Operating across 10 states, MMT delivers critical medical transportation solutions to hospitals and healthcare facilities. For additional information about Midwest Medical Transport Company, please visit www.midwest-med.com.
About Harbour Point Capital
Harbour Point Capital is a private equity firm that strategically invests in high-growth, innovative healthcare services companies. HPC partners with founders and management teams dedicated to enhancing healthcare access, quality, and cost-effectiveness. To learn more about Harbour Point Capital, visit www.harbourpointcapital.com.
About Panorama Point Partners
Panorama Point Partners, along with its successor firm InterAlpen Partners, is a growth-focused private equity firm committed to integrating profitability with purpose. Panorama invests in category-leading, growth-stage companies at the intersection of technology and ESG impact. For more information on Panorama Point Partners, please visit www.panoramapoint.com.
Media Contacts:
For Midwest Medical Transport Company:
Rick Sheehy 402-469-6193 [email protected]
For Harbour Point Capital:
Anreder & Company Steven Anreder 212-532-3232 [email protected]
For Panorama Point Partners:
Stephen George 402-933-1280 [email protected]
