Becker's Healthcare January 22, 2026
There were 963 closed healthcare M&A transactions in fiscal 2025, down from 1,163 in 2024, a continued “normalization” from post-pandemic peaks, according to a Jan. 14 report from PCE Investment Bankers.
Here are seven more things to know from the report:
1. Median multiples stayed resilient at 13.53x EBITDA and 3.53x revenue, suggesting investors are still willing to pay for the right assets, according to the report.
2. The market is “more deliberate,” not frozen, according to the report. Buyers are doing fewer deals but leaning into transactions with clear strategic fit and strong fundamentals.
3. Pricing discipline is tighter, diligence timelines are longer and buyers are more selective,...
Today's Sponsors
Today's Sponsor