4 insights on PE in Q4 — Strong activity to continue – Private equity investors were highly active in the healthcare space to close out 2019, according to a quarterly report from Provident Healthcare Partners
Q4-2019 Private Equity Industry Update – Private equity fundraising trends have remained stable through Q4, leading to a high reserve of dry powder available to deploy for new platforms and bolt on acquisitions. While the total number of deals was down relative to 2018, valuations continue to remain elevated, with 2019 bringing in $155.7 billion in total transaction value.
Q3-2019 Private Equity Industry Update– Q3 of 2019 saw private equity funds raise $163B in aggregate capital. Despite the high amount of available capital to be deployed, 2019 has shown decreasing trends in deal volume and capital invested relative to 2018. Downward trends are expected to prompt sellers to seek to exit while purchase multiples are high.
Market Trends and M&A in Home Health / Hospice– The home health and hospice market remains one of the most fragmented sectors within healthcare services with many independent players holding significant market share in their respective geographies. Given the wide breadth of smaller companies, demand for home-based care, and the non capital-intensive nature of the business, there is significant opportunity in the space for both private equity and strategic-led consolidation.
Private Equity in Orthopedics: Before, During and After the Transaction – On Tuesday August 27, Provident co-hosted a webinar with Frier Levitt which focused on providing an update on the current state of the market, discussing what physicians should think about as they consider a transaction, and outlining what typical transaction terms look like for practices.