KKR-Backed Air Ambulance Firm GMR Seeks $797.9 Million in US IPO

GMR Solutions Inc., an air and ground emergency medical services company, is seeking to raise as much as $797.9 million in a US initial public offering, joining a growing list of healthcare firms seeking to tap investors.

The KKR & Co.-backed company, known as Global Medical Response, is offering nearly 32 million shares at $22 to $25 each, according to its filing Monday with the US Securities and Exchange Commission.