Private Air Ambulance Service in Northwestern Ontario Gets Sold
The deal adds SkyCare’s 22-aircraft medevac fleet and about 220 employees to Chorus’s medical transport business, the company said.
- On Tuesday, Halifax-based Chorus Aviation Inc. announced a $40 million deal to acquire SkyCare Air Ambulance, the largest private fixed-wing air ambulance operator in Northern Ontario.
- Founded in 2006 by President and Chief Executive Officer Frank Behrendt, SkyCare provides 24/7 medevac, repatriation, and organ transplant services as a contracted partner of Ornge.
- SkyCare operates a fleet of 22 aircraft and employs about 220 people across four bases, completing about 4,000 patient transports annually to supplement Ornge services.
- Chorus will fund the purchase with $32 million in cash, with the remaining balance payable by March 31, 2029, and the acquisition is expected to close in the fourth quarter of 2026.
- "Joining Chorus marks an exciting next chapter for SkyCare," Behrendt said, while Chorus representative Copp added the firm sees meaningful opportunities to support continued growth.
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Chorus Aviation buying SkyCare Air Ambulance for $40 million
HALIFAX - Chorus Aviation Inc. has signed a deal to buy SkyCare Air Ambulance for $40 million.
Chorus Aviation announced on Monday that it had entered into an agreement to acquire SkyCare Air Ambulance for 40 million.
Canada's Chorus Aviation to acquire SkyCare Air Ambulance
Chorus Aviation has agreed to acquire SkyCare Air Ambulance (PHX, Sioux Lookout) for about CAD40 million Canadian dollars (USD28.3 million), "subject to customary adjustments inclusive of contingent consideration". SkyCare operates 22 turboprop and business jet aircraft from bases at Sioux Lookout, Thunder Bay, Kitchener and Miner's Bay. According to the deal, Chorus will pay CAD32 million (USD22.6 million) in cash, with the remainder due by Mar…
Chorus Aviation to buy SkyCare for C$40 million
Chorus Aviation has agreed to acquire SkyCare Air Ambulance, the largest private fixed-wing air ambulance operator in Northern Ontario, for about C$40 million as it seeks to expand its business and strengthen cash flow. The acquisition is expected to close in the fourth quarter of 2026, subject to customary closing conditions and adjustments. The total […]
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