Behavioral Health Business January 23, 2024
While behavioral health dealmaking remained slow in the last quarter of 2023, seed and venture deals became a more active part of the space.
That’s according to Mertz Taggert’s Q4 2023 dealmaking report, which recorded 31 transactions in the fourth quarter of 2023–the least since 2020. Overall, there were 136 behavioral health deals in 2023, compared to 188 in 2022. Still, things may be looking up for 2024.
“We’ve had the opportunity to speak with industry and financial buyers over the past few weeks,” Kevin Taggart, a managing partner at Mertz Taggart, said in the report. “The consensus today is that we’ll have increased activity across the sector. Improved capital markets and quality deal flow will drive the activity, especially...