Skilled Nursing News June 29, 2021
The overall market for health services assets shows no signs of slowing, as investors continue to aggressively seek deals. The long-term care dealmaking landscape, in particular, remains robust, though transaction volume is down slightly compared to recent stretches.
“We expect deal activity to remain strong, building on the resurgence that began in June 2020,” John Potter, deals sector leader for PwC U.S., said in the report. “Even as valuations remain high, deals are being accelerated by the demand for high-quality assets and the increasing willingness to sell.”
With 352 transactions, health services deals reached record-setting volumes in the fourth quarter of 2020. That mark was then eclipsed by the first quarter of this year, which tallied 426 transactions — a...
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