Coastal Medical Transportation Systems acquired Alert Ambulance Service, a US-based provider of emergency and non-emergency medical transportation services. The deal closed on May 18, 2026.

AcquirerTargetDeal ValueTypeDate Closed
Coastal Medical Transportation Systems (US)Alert Ambulance Service (US)<Not Disclosed>AcquisitionMay 18, 2026

The acquisition aims to enhance emergency and non-emergency medical transportation services in New England. Coastal Medical Transportation Systems seeks to address care delivery gaps across the region and solidify its standing as one of the largest ambulance providers.

Deal Mechanics

No financial terms were disclosed for this transaction, which is expected to close on May 18, 2026. The deal was announced on July 5, 2023, with both parties confirming their intent to strengthen the healthcare infrastructure in New England.

Strategic Rationale

By acquiring Alert Ambulance Service, Coastal Medical Transportation Systems aims to enhance its service offerings and expand its geographic reach within New England. The move is intended to address care delivery gaps across the region, improve patient access to medical transportation services, and bolster the company’s market position.

Financial Context

The transaction will not impact Coastal Medical Transportation Systems’ financial metrics in a material way as no specific financial details have been disclosed. The companies are focused on operational synergies rather than immediate cost savings or revenue enhancements.

Advisors

No buy-side, sell-side, legal, or financial advisors were named for this acquisition. The terms of the deal remain undisclosed at this time.

Outlook

Coastal Medical Transportation Systems is committed to expanding its network and improving healthcare accessibility in New England through strategic acquisitions such as Alert Ambulance Service. The company expects to leverage its combined resources to enhance service quality and operational efficiency, addressing a critical need within the region.