APL Announces Acquisition by Exchange Income Corporation

Posted In: News. Posted On: May 14, 2022.


PEACE RIVER, Alberta (May 13, 2022) – Advanced Paramedic Ltd. (APL) is pleased to announce the acquisition of APL by Exchange Income Corporation (EIC). The new partnership supports ongoing and future growth of APL without any changes to the services and supports APL currently provides.

CEO Stephen Woodburn will continue at the helm and has committed to continue in his role long-term.

“This is a very exciting acquisition that provides APL with additional support to maximize growth opportunities” says Woodburn. “As for the services and resources we offer and our general operations, it will be business as usual. We remain proudly as APL without any disruptions in services, staffing, support, and services we provide – the goal of the acquisition is to grow and better position APL to serve communities well into the future.”

EIC is an acquisition-oriented company based in Winnipeg, Manitoba that is focused on aerospace and aviation services, equipment and manufacturing. EIC partners with well-established companies with strong management teams that generate steady cash flow and operate in niche markets.

“We wanted a partner that could help our company grow while still allowing us to keep our unique identity” says Woodburn. “EIC has a very successful track record, an impeccable reputation, and their core values and goals align very well with ours. We are confident this partnership is a perfect fit, and we are excited to watch APL continue to flourish and grow.

With 21 years of experience in Emergency Medical Services across Alberta, APL is committed to provide high quality Air Ambulance, Ground Ambulance, Industrial, Remote Northern Clinics, Special Events, Medical Standby, and Non-Emergent Medical Transport services in the region.

The acquisition is effective as of May 11, 2022. Learn more about EIC at exchangeincomecorp.ca.

For more information contact:
Stephen Woodburn