After decline, private equity investment in healthcare reaches turning point: PitchBook
Healthcare DIVE August 9, 2024
Private equity dealmaking fell more than 16% in the second quarter, but the market is showing signs it’s poised for a turnaround, according to the market research firm.
Dive Brief:
- Private equity dealmaking in healthcare services fell again in the second quarter, but the market is likely poised for a turnaround, according to a report published this week by PitchBook.
- An estimated 142 deals were announced or closed during the period, down 16.5% from the first quarter, the market research firm found.
- But investment began to accelerate in the second quarter. Bankers have noted their acquisition pipelines are filling up, and sellers’ price expectations are beginning to decrease — signaling that a gradual increase in dealmaking could...