Healthcare M&A Activity Enters the Stratosphere

Healthcare M&A Activity Enters the Stratosphere

After an avalanche of deals in the fourth quarter of 2020, healthcare M&A activity and announcements just keep piling on in the opening weeks of 2021. As of the afternoon of January 15, there are 139 deals recorded in our Healthcare Deals Database, with many more to add as they hit the newsfeeds. Demand for physician groups has swelled, after a rough 2020 for the sector, hitting 30 deals. That’s followed by 20 deals in the eHealth sector, 19 in Other Services and 15 in the Long-Term Care sector as the sectors with the highest amount of activity. To put the numbers in perspective, there were 60 physician group deals in the fourth quarter (the highest of 2020), so if the pace... Read More »
Health Care M&A Deals, January 15, 2021

Health Care M&A Deals, January 15, 2021

The Health Care M&A deals chart is a selection of transactions announced during the prior week(s). The M&A transactions presented here are from our HealthCareMandA.com Deal Database, which is updated daily to provide our subscribers with the most up-to-date information and trends in the healthcare industry. The largest deal of the week is STERIS plc’s acquisition of Cantel Medical Corp. valued at $4.6 billion. Cantel Medical Corp. provides infection prevention and control products and services for the healthcare market. It operates segments in four areas: Medical, Life Sciences, Dental and Dialysis. The combined company will create a stronger global business serving a broader... Read More »
Health Care M&A Deals, January 15, 2021

Health Care M&A Deals, January 8, 2021

The Health Care M&A deals chart is a selection of transactions announced during the prior week(s). The M&A transactions presented here are from our HealthCareMandA.com Deal Database, which is updated daily to provide our subscribers with the most up-to-date information and trends in the healthcare industry. The largest deal of the week is Optum’s (NYSE: UNH) acquisition of Change Healthcare (NASDAQ: CHNG) for $13.17 billion, or $8 billion in cash ($25.75 per share) and approximately $5.17 billion in assumed debt. The price is a 41% premium to Change Healthcare’s close on January 5, 2021. Change Healthcare is a leading independent healthcare technology company and... Read More »
Healthcare M&A In 2020 Goes Out In Style

Healthcare M&A In 2020 Goes Out In Style

Now that we made it to 2021, the last thing our readers might want to do is look back at 2020. We totally get it, it was a very long year, but activity in the fourth quarter surprised all of us, and it’s worth sticking around as we break down the numbers in the healthcare M&A market. Activity in October and November maintained the status quo for 2020, with dealmaking seemingly stifled by rising Covid-19 cases across the country. There were 130 deals announced in October, with a slight uptick in November, when 142 transactions were announced. For context, the average monthly deal volume for 2020 was 135. However, December healthcare M&A activity felt like an avalanche, with 222... Read More »
A Busy Month for Physician Medical Group Deals

A Busy Month for Physician Medical Group Deals

December M&A activity hit over 200 deals, and we were struggling to remember a time when numbers hit that high, let alone in a historic pandemic (and more deals are expected to float to the surface in the next few weeks). Part of that surge in deal volume can be attributed to M&A in the Physician Medical Group sector, which hit 28 deals so far, based on search results in our Healthcare Deals Database. All but seven deals were committed by a private equity firm or its portfolio company, showing private equity’s continued influence on the Physician Medical Group market. No one particular company dominated as a buyer, but a few different firms reported multiple deals. Advanced... Read More »
Health Care M&A Deals, January 15, 2021

Health Care M&A Deals, January 1, 2021

The Health Care M&A deals chart is a selection of transactions announced during the prior week(s). The M&A transactions presented here are from our HealthCareMandA.com Deal Database, which is updated daily to provide our subscribers with the most up-to-date information and trends in the healthcare industry. The largest deal of the week is Waterland Private Equity’s acquisition of Priory Group, the U.K. behavioral healthcare operations of Acadia Healthcare Company, Inc., for $1.47 billion. The Priory Group has 361 behavioral health facilities with 8,700 beds across the U.K. Acadia Healthcare purchased Priory Group in January 2016 for $2.25 billion. In order to... Read More »