Healthcare DIVE July 2, 2020
Dive Brief:
- The COVID-19 pandemic did not stall mergers and acquisitions in the second quarter as much as some analysts had originally expected, according to the latest report from consultancy Kaufman Hall. In fact, the group says it expects a “significant uptick in M&A activity to be just ahead of us.”
- During the second quarter, 14 transactions were announced. That’s a significant slowdown from the first quarter of this year, which saw 29 transactions, but just slightly down from the second quarter of 2019, which had 19. The quarter netted some of the highest figures Kaufman has recorded for average seller size at more than $800 million.
- For-profit operators made up the majority of announced deals, accounting for nine...