Medway Air Ambulance
Medway Holdings, LLC
Fund: V
Investment Date: May 2015
Headquarters: Lawrenceville, Georgia
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Medway, headquartered in Lawrenceville, Georgia, is a medical air transport company, which provides air ambulance services for critical and non-critical care transport, primarily in North America and the Caribbean. Medway operates a fleet of eight fixed-wing Lear 35 and 45 jets from a wholly-owned hangar at Gwinnett County Airport. The Company operates under a Part 135 certificate with the FAA and has a clean operating record. Medway provides air transportation as well as coordinating ground transportation to and from the hospital and airport. Services range from routine hospital-to-hospital transfers to medical air escort to and from foreign countries.

Merit invested subordinated debt and equity, in partnership with both management and an independent sponsor, in support of the majority recapitalization.

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