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Announced

Completed

TransMedics completed the acquisition of Summit Aviation.

Synopsis

TransMedics, a company that specializes in portable extracorporeal warm perfusion and assessment of donor organs for transplantation, completed the acquisition of Summit Aviation, a U.S. charter flight operator. "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 U.S. 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. This acquisition represents a cornerstone element of our strategy designed to fulfill TransMedics commitment to building our dedicated national transplant aviation capabilities to expand the National OCS Program (NOP) reach," Waleed Hassanein, TransMedics President and Chief Executive Officer.

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