Harbour Point Capital (HPC) has announced it has completed an investment in Midwest Medical Transport.
Midwest Medical Transport (MMT), based in Columbus, Neb., is a provider of ambulance transportation services. Founded in 1987, the company states that it currently serves more than 200,000 patients annually for health systems in 10 states.
HPC, based in New York, is a private equity firm specializing in the healthcare services. Founded in 2015, the firm prefers to make more substantial investments in healthcare. It is focused on investment opportunities in accessible primary care, outpatient services, consumer-centered services and outsourced clinical services.
HPC and Kevin Ketzel, former president of Agiliti Health, partnered on the transaction.
Panorama Point Partners and its equity partners, Dixon Midland Company and ORIX Private Equity Solutions, prior investors in MMT, sold their interests as part of the recapitalization.
Terms of the investment were not disclosed.