This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Over the last decade, privateequity firms have acquired healthcare companies, hospitals, and clinics at an increasing rate. In fact, in those ten years, privateequity firms have spent roughly $1 trillion on an estimated 8,000 healthcare deals. This trend is only expected to increase through 2024.
All Star, founded in 2003 and based in Deerfield Beach, Florida, is a healthcare staffing firm that places physicians and advanced practitioners on locum tenens assignments and in permanent positions at health systems, hospitals and other healthcare facilities throughout the country. By: McGuireWoods LLP
When you hear the words “healthcare privateequity,” two thoughts probably come to mind: Wait a minute, isn’t healthcare a risky/growth-oriented sector? In most of the world, healthcare is either government-run or a mixed public/private sector. Are there many private healthcare companies for PE firms to acquire?
Armed with anywhere between $2 trillion and $4 trillion of “dry powder”—with about half of that targeted to healthcare—privateequity firms have a lot of capital to put to work. Those specialties each have many small and independent practices, are largely hospital independent, and benefit from supply and demand tailwinds.
For the better part of the last decade, physician practices have seen a wave of consolidation by hospitals and privateequity with 2018 being no exception [1]. In fact, acquisitions by hospitals and privateequity in provider services broke records last year according to Bain & Co’s 2019 global healthcare report.
For top privateequity firms, there’s a lot to like about SaaS. Top Software PrivateEquity Firms Here is a select list of the most active PE investors in the SaaS and software industry over the past year (data taken from the SEG 2024 Annual SaaS Report ). The firm employs 93 professionals.
Privateequity firm hopes to cash in on post-Covid trend for UK domestic breaks with sale of six resorts Center Parcs’ UK and Irish business is being put up for sale with a price tag of up to £5bn – double the amount it was bought for in 2015 – as its privateequity owners seek to cash in on the trend for domestic breaks kickstarted by the Covid pandemic. (..)
Benchmark International is pleased to announce the acquisition of Portishead-based Brunel by privateequity-backed Obsequio. The group has been named one of the 100 fastest growing private companies in the UK with sales topping £14 million over the last 12 months.
Summary Privateequity-backed Physician Practice Management (“PPM”) companies in the ENT & Allergy space continued a conservative growth trajectory during Q1 2024. Introduction Privateequity groups began investing in the ear, nose, and throat and allergy space in 2018.
On April 23 a group led by privateequity firm TPG agreed to acquire OneOncology, the nation’s largest independent community oncology network, in a deal valued at $2.1 While the biggest recent deal, OneOncology is hardly the first oncology platform to be sold to a privateequity group. But if you've got a [PE] backer.
Acute Care/Hospital Providers 1.1x is active in Healthcare IT M&A and has completed multiple transactions with privateequity firms as well as strategic buyers and sellers. Enterprise Value (EV) Multiple by Healthcare IT Sector EV/Revenue Multiple by Industry Sector EV/Rev Administrative Technology 8.6x Consumer Health 3.7x
privateequity or venture capital ). These 1 – 2 “steppingstone internships” could be at any firm, but many students do them at boutique investment banks or small/startup privateequity or venture capital firms. Then, why not work in the emergency room of a hospital or as a firefighter? Why Investment Banking?”
Summary Privateequity’s investments in ophthalmology are entering a new, more mature lifecycle phase. We also expect many platform recapitalizations once privateequity groups and lenders become comfortable with the interest rate environment. More groups are now looking to add oculoplastics and other sub-specialties.
Project Finance Definition: “Project Finance” refers to acquisitions, debt/equity financings, and new developments of capital-intensive infrastructure assets that provide essential utilities and services. social infrastructure (hospitals, schools, etc.), an equity IRR of 7% to 13%). That’s a critical part of any LBO model.”
Furthermore, as we have reported in previous blogs, these agencies already had their equity and debt capital lined up before the full force of the pandemic hit. As a result, they had and continue to have large pools of equity and debt capital to deploy in acquisitions. What will the economic recovery look like?
Commercial Real Estate Commercial real estate consists of properties designed for business activities , including office, retail, and hospitality spaces. Hotels and Hospitality Lodging and tourism-related properties, from boutique hotels like The NoMad in New York City to global chains like Marriott.
Non-Traditional Players’ Entry : Tech giants and privateequity firms are increasingly investing in the healthcare software and IT sector, potentially leading to a surge in M&A activities. Billion): Privateequity firm Thoma Bravo acquired NextGen Healthcare for an enterprise value of $1.8 billion.
For instance, hospitals often outsource coding and billing services to specialized firms, allowing them to focus on patient care. If you’re interested in recruiting for privateequity and understanding the business dynamics behind these BPO practices, you should check out our , PrivateEquity Course.
well capitalized, sponsor-supported, and reasonable leverage) can achieve superior pricing and terms, but where all [sellers] will find a more hospitable lending community.” IBG’s Take on 2024 The conditions that depressed the sale of private companies in 2023 seem to have remedied themselves as we move into the second quarter of 2024.
He also started and helped lead a lower middle market private capital group focused on adding value alongside successful entrepreneurs. Mr. McCraw has served as CFO/COO of a regional construction sub-contractor, CFO of a manufacturing company and Controller at two leading hospitals.
It serves a wide range of industries including Tech, Healthcare, Professional Services, Manufacturing, Hospitality, and others. We grew that business and eventually sold it to privateequity. Advantexe utilizes digital, web-based simulations to help leaders develop a range of business, strategy, leadership, and selling skills.
Portfolio company Plate IQ develops accounts payable software for restaurants, hospitality groups and supermarkets. ”We’ve “More people are disintermediating banks or traditional financial solutions and just integrating into the software,” Bernstein said.
By Nikitha Sattiraju, 14 November 2022 Asphalt paving and maintenance is fast becoming a service of choice for privateequity investors. ” Recurring revenue, diversified customer base, recession resistance and high Ebitda margins of 15% to 25% have privateequity knocking on the door of asphalt pavers. Sunrise, Fla.-based
Q: Why not privateequity, growth equity, hedge funds, or entrepreneurship? Growth equity is a bit closer, but you’re more interested in early-stage companies that need VC support rather than already successful companies that need more capital. Q: What’s the difference between pre-money and post-money valuations?
Lenders worldwide grew wary of lending to industries severely affected by lockdowns, like hospitality and travel. If you're interested in breaking into finance, check out our , PrivateEquity Course and , Investment Banking Course , which help thousands of candidates land top jobs every year.
Tony then moved into the healthcare industry, where he worked for a for-profit healthcare system that was backed by privateequity. In this role, Tony was able to grow the company from 12 to 28 hospitals in 18 months, and from 2 something billion to almost 7 billion in revenue.
Notable recent acquisitions include the June 2024 purchase of Sceptre Hospitality Resources, a provider of AI-based revenue generation and management SaaS for businesses in the hospitality sector globally. Since its founding in 2012, the private-equity-backed company has made 69 investments. It made four deals in 2023.
As the world headed into the uncharted territory of a worldwide pandemic, investors in both debt and equity markets reacted to shifts and changing conditions in several interesting ways, and the lessons they learned and the actions they take this year will set the stage for everyone’s access to capital in the years to come.
They discuss major trends influencing health care transactions, the impact of political changes on antitrust enforcement, and specific issues such as community hospital acquisitions, system-to-system mergers, and privateequity investments in health. By: Ropes & Gray LLP
Behavioral Health, Infusion, and Staffing firms top the list in BRGs survey Many lower middle market privateequity groups have revisited their investment priorities as we enter 2025, making room for new opportunities across healthcare verticals. ophthalmology and ENT). However, we expect fewer new platform formations in PPM.
In 2024, infusion therapy services reached the highest volume of deals to date, all of which were completed by privateequity investors. Privateequity investors see these new options as an attractive growth opportunity for an already thriving industry.
Its more of an industry focus at the intersection of several other strategies , such as long/short equity , event-driven investing , and even merger arbitrage. While plenty of bankers and equity research professionals from healthcare teams enter biotech hedge funds, people with advanced degrees (M.D., or Ph.D.),
We organize all of the trending information in your field so you don't have to. Join 38,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content