PE Firms Swarmed to Behavioral Health in Q4:17

PE Firms Swarmed to Behavioral Health in Q4:17

Deal activity in the Behavioral Health Care sector was consistent with most of the previous quarters. Although deal volume slipped 14% from the previous quarter, it rose 20% compared with the same quarter a year earlier. The fourth quarter’s total of 12 deals represents 22% of the 54 transactions announced in the past 12 months. Private equity firms accounted for all but one acquisition in the fourth quarter, as smaller firms sold companies and larger firms purchased them as add-ons to their existing portfolios. Universal Health Services (NYSE: UHS), which operates inpatient psychiatric hospitals, was the only publicly traded acquirer in this quarter. Substance abuse treatment programs and... Read More »
Deal of the Week: Prelude Fertility/Vivere Health

Deal of the Week: Prelude Fertility/Vivere Health

Two fertility clinics are banking on growth through acquisitions. At least, their investors are. Miami, Florida-based Prelude Fertility last week announced its acquisition of Vivere Health, LLC, a portfolio company of LLR Partners. Franklin, Tennessee-based Vivere operates fertility practices and labs in partnership with fertility specialists in nine U.S. markets. Since its founding in 2010, it has partnered with fertility specialists to promote or establish their practices while removing the burdens of day-to-day management. It also has egg banking services and a mail-order pharmacy. Prelude Fertility is a reproductive science and technology company. It operates fertility treatment... Read More »
PE Firms Swarmed to Behavioral Health in Q4:17

PE Firms Target Behavioral Health, Eating Disorder Programs

Behavioral health care has never been a particularly active sector, but deal volume has increased year-over-year between 2010 and 2016, growing 412% in that time. And there’s a good chance that 2017 will continue this trend. Through August 30, 32 behavioral health care deals have been announced, up 7% compared with the same period last year. So what else is going on this year? So far, we haven’t seen anything close to a mega-deal. The largest price tag this year was Care Capital Properties’ (NYSE: CCP) $380 million acquisition of the real estate assets of six behavioral health hospitals from Signature Healthcare Services LLC, dba Aurora Behavioral Health. This was the second... Read More »