Behavioral Health Business November 30, 2023
Despite the sky-high interest rates, this could be the prime time for behavioral health acquisition.
The demand for services remains high and the elevated interest rates mean that valuations are coming back down to earth. While de novo growth strategies have dominated the behavioral health domain in 2023, some investors see this moment as an opportunity to get back into M&A.
“In a couple of the categories where we have invested, M&A has become more attractive, not less,” Amy Christensen, a partner and co-head of healthcare at The Vistria Group, said at Behavioral Health Business’ INVEST. “What’s happened is that in specific parts of behavioral health, you have large competitors who have gone silent because they are upside down on...