In another preview of our 2026 Healthcare Services Acquisition Report, we’re highlighting private equity (PE) investment activity in the Behavioral Healthcare (BHC) market.
Despite deal volume rising for the first time in three years (a 44% increase), PE’s involvement in the BHC space has steadily declined since the high of 61% in 2022 to 32% in 2025. The decline of PE investment in the BHC market has given room for strategic and not-for-profit buyers to make an impact on the industry.
