As we researched data across 13 sectors for our upcoming publication, The Healthcare M&A Report, First Quarter 2019, an interesting trend in the “Other Services” sector popped up. This sector includes areas ancillary healthcare services such as ambulatory surgery centers, urgent care clinics, contract research organizations (CROs), healthcare staffing companies, specialty pharmacies, among others. Since it […]
The Health Care M&A Weekly chart is a selection of transactions announced during the prior week(s). The deals presented here are from our Deal Search Online database, which is updated every business day. Visit www.dealsearchonline.com to see how Deal Search Online can help you stay up-to-date on the healthcare market overall, or in a particular sector of interest to […]
Two not-for-profit mergers in the hospice space have been announced in recent months, both taking place in North Carolina. In early March, Hospice and Palliative Care of Greensboro and Hospice and Palliative Care of Alamance-Caswell in Burlington announced their decision to merge. The Greensboro-based not-for-profit serves Guilford County and surrounding areas. It provides home-based hospice care, operates […]
Ocugen, Inc., a privately held clinical-stage biopharmaceutical company, has acquired Histogenics Corporation (NASDAQ: HSGX). Although no financial terms were disclosed, the merged company will be publicly-traded, operating under the Ocugen name. Ocugen discovers, develops and commercializes a pipeline of innovative therapies that address rare and underserved eye diseases. Histogenics develops a restorative cell therapy technology platform. It has collaborated with Brigham […]
Contract research organizations (CROs), like contract development and manufacturing organizations (CDMOs), have been popular targets for private equity firms and strategic buyers for years. The deals seem to come in waves, and the healthcare M&A market may be in for a tsunami this year. In 2013, some 20 transactions for CRO/CDMO targets were announced, with […]
The Health Care M&A Weekly chart is a selection of transactions announced during the prior week(s). The deals presented here are from our Deal Search Online database, which is updated every business day. Visit www.dealsearchonline.com to see how Deal Search Online can help you stay up-to-date on the healthcare market overall, or in a particular sector of interest to […]
March 2019’s combined spending, at nearly $25 billion, is a healthy-looking sum, even though it represents a 24% drop compared with February 2019 and a 65% decline versus March 2018. As usual, March 2019’s total is mostly the result of one deal—Centene’s (NYSE: CNC) $17.4 billion bid for WellCare Health Plans (NYSE: WCG), which accounted […]
It was a slow first quarter, and March’s monthly deal results didn’t change that fact. Just 115 transactions were announced, following February’s total of 106. Compared with March 2018’s 149 deals, last month’s deal volume sank 23%. The over-heated market we saw in 2018 is cooling, at least momentarily. Of course, there was a time […]
Talk of slowing global economic growth has swirled since late last year, following tariffs, trade wars, Brexit and you-name-it. The healthcare M&A market appeared to reflect the fears, as deal volume in the first quarter of 2019 slid 27% compared with the fourth quarter of 2018, and was down 19% compared with the same quarter […]
Spending in the first quarter, totaling $149 billion, beat both the previous quarter (up 239%) and the year-ago time period (up 31%). Three deals had a combined total of $113 billion, accounting for 76% of that spending. Without those three, the first quarter would have ended with approximately $36 billion, which would be 18% lower […]
