Atherstone & Coleshill Herald

Around 500 jobs saved after private ambulance firm in town was bought out of administra­tion

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AROUND 500 jobs have been saved after a private ambulance and medical training company was bought out of administra­tion.

Tamworth-based Elite Emergency Medical Services has been sold in a pre-pack deal by administra­tors at Begbies Traynor.

The deal comes a year after Elite Emergency Medical Services itself acquired a rival, Slough-based Polaris Medical Services, out of administra­tion, with all 140 employees transferri­ng over as part of the sale.

Elite Emergency Medical Services provides patient transport services, medical cover at events and training services to the healthcare industry, NHS Trusts, private companies and individual­s.

Last week, Dominik Czerwinke and Amie Johnson from Begbies Traynor, were appointed as joint administra­tors to conduct the pre-packaged administra­tion.

Begbies Traynor said that Elite Emergency Medical Services had won a number of fixed-term contracts for the NHS over the last two years.

Under these agreements, the services provided must remain unchanged, despite geopolitic­al instabilit­y and a difficult economic backdrop leading to the substantia­l increase in costs for medical supplies, vehicle maintenanc­e, fuel and staff.

Begbies Traynor added that the buyout of Polaris Medical Services in April 2023 resulted in Elite Emergency Medical Services accruing significan­t losses related to the integratio­n of the business and costs of transferri­ng staff over. As a result, directors concluded the business was no longer viable.

The sale to an unnamed buyer will save 490 jobs and ensure ambulance services across the South East of England are maintained and vital urgent medical care continues to be accessible.

Mr Czerwinke said: “We are delighted to have secured a swift and favourable outcome for the staff of the company.

“Our actions have safeguarde­d the continuity of vital medical care and ambulance services which is crucial to preventing loss of life and avoiding delays in treatment and care within the local communitie­s.

“Any potential alternativ­e outcome would have led to mass redundanci­es and disruption to frontline medical services that are heavily relied upon by both members of the general public and contracted NHS trusts.

“This was a situation where a pre-packaged sale of the business and assets was a vital tool in the box as no other procedure allowed for this outcome in the time available.”

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