Summit Aviation bought by organ transplant company TransMedics Group
Summit Aviation, US business jet operator, has been acquired by TransMedics Group. TransMedics Group specialises in lung, heart and liver transplants.
Ben Walton, Summit’s founder and president, will become VP of Aviation Services at TransMedics.
“Doing things differently is why Summit Aviation was started and is why partnering with TransMedics is such an exciting new step for us,” said Walton. “We have the team, talent, experience, and culture to help revolutionize transplant aviation. The Organ Care System has helped transform organ transplantation, and the Summit family is thrilled to be the aviation solution for this life-saving mission.”
Summit hopes to close the deal by the end of September.
“We are thrilled to partner with one of the leading teams in the air charter industry as we establish TransMedics Aviation as the first national provider of air logistics dedicated to organ transplantation in the US,” said Waleed Hassanein, MD, president and chief exec. “Summit’s stellar reputation for exceptional service, strong team culture, and highly rated air safety standards align squarely with TransMedics track record of providing world-class clinical services and transplant technology to our global users.”
Hassanein says that TransMedics will use Summit Aviation to building a national transplant network.
Grandview Aviation, another US business jet operator, was acquired by Global Medical Response in March 2023. Blade, the helicopter booking platform, has become the largest transporter of organs in the US. Its MediMobility division had sales of $85.9m in the first quarter of 2023.