GMR Solutions (GMRS.US), a provider of emergency medical services and alternative care sites, announced the terms for its initial public offering on Monday. The company plans to issue 31.9 million shares within a price range of $22 to $25 per share, aiming to raise $750 million.
Founded in 2018 and headquartered in Louisville, Texas, GMR Solutions was formed through the merger of Air Medical Group Holdings and American Medical Response. The company delivers emergency medical services and out-of-hospital care both within the United States and internationally. Its operations include providing on-site clinical care through trained medical teams, coordinating patient transfers via air and ground ambulances when a higher level of care is needed, and directing non-emergency patients to lower-acuity care settings.
GMR Solutions serves a broad network of urban and rural communities, acting as an entry point into the healthcare system and supporting care for a variety of emergency and non-emergency situations. According to data, the company generated revenue of $5.7 billion for the twelve-month period ending December 31, 2025.
The company intends to list on the New York Stock Exchange under the ticker symbol "GMRS". The joint book-running managers for the IPO are J.P. Morgan, KKR, BofA Securities, Barclays, Goldman Sachs, Citi, Evercore ISI, Morgan Stanley, and UBS Investment Bank. The IPO is expected to be priced during the week of May 11, 2026.