Medix Specialty Vehicles LLC

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Medix Specialty Vehicles LLC - overview

Established

2001

Location

Elkhart, IN, US

Primary Industry

Automobiles, Other Vehicles & Parts

About

Founded in 2001 by Thomas Moleski and Floyd Lacey Lowery, and based in Indiana, the US, Medix Specialty Vehicles, LLC. , also known as Medix Ambulance is a manufacturer of ambulances providing essential services such as emergency response and patient transport. As of 2021, the company staffs over 190 employees operating five manufacturing plants dedicating over 127,000 sq ft, to modular production, paint, R&D, special projects, and efficient Type II production. In 2021, Demers Braun Crestline, a subsidiary of Demers Braun Ambulance manufacturer acquired Medix Specialty Vehicles.


The company’s product portfolio comprises Type I, II, and III ambulances. The ambulances have facilities for patient care such as suction aspirators, oxygen outlets, O2 cylinder retentions, IV holders, and Cot mount. Models of Type I and III ambulances include Metro Express 153, RP90ES, MSV-II 157, and MSV-II 170 while Type II includes SRH-148AL and SRH-148WD. Type III models also include Metro Express BLW90, and MSV-II 170.


Additionally, the company offers replacement ambulance parts such as emergency lighting, sirens, horns, cabinet hardware, electric components, non-emergency lighting, patient transport accessories, and oxygen/suction. Medix generates revenue by primarily selling ambulances through dealers that in turn sell to a diverse group of end-users including private ambulance service providers and municipalities. In the future, the acquisition of Demers Braun Crestline will support the company in its growth and global expansion.


Current Investors

La Caisse, Clearspring Capital Partners, Demers Ambulances

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts

Website

www.medixambulance.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Medix Specialty Vehicles LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedMedix Specialty Vehicles LLC-
BuyoutCompletedMedix Specialty Vehicles LLC-

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