Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), a technology-powered global air mobility platform, today announced the completion of the previously announced transaction to acquire Trinity Air Medical, Inc. (“Trinity”), a nationwide, multi-modal organ logistics and transportation company. Blade has purchased 100% of the capital stock of Trinity—which generated revenues of approximately $16 million in calendar year 2020—for an upfront purchase price of approximately $23 million and potential additional contingent consideration based on the achievement by Trinity of certain EBITDA growth targets over a three-year period, subject to customary purchase price adjustments.
Roambee, the Silicon Valley-headquartered global supply chain visibility provider announces its second acquisition, Modum, a European pharma last mile-focused cold chain monitoring player based in Zurich, Switzerland. This acquisition will enable Roambee to expand its cold chain visibility offering from end to end, covering primary, secondary, and the last mile delivery use-cases to firm up its leadership position for real-time cold chain monitoring solutions.
Bruderman Brothers, LLC (“Bruderman Brothers”), is pleased to announce the successful sale of HealthEx Corporation (“HealthEx”) to Associated Courier, Inc. (“ACI”). Founded in 1999, and headquartered in Roslyn, NY, HealthEx is a unique provider of final-mile transportation and logistics services, dedicated exclusively to the healthcare community. The Company’s services include the transportation and delivery of pharmaceuticals, radiopharmaceuticals, and laboratory specimens to a diverse customer base across the healthcare ecosystem, including institutional pharmacies, long-term care facilities, laboratories, and hospital systems.
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