Health-care deal-making was off to a hot start in January, with 274 reported deals announced or closed, but momentum could be affected by the outbreak of war in Ukraine, Bloomberg reports.
The January number got a boost from tax considerations that pushed the closing date of some deals from December into the new year, according to Gary Herschman of Epstein, Becker & Green in Newark, N.J.
The top sectors last month were those that have been the focus of health-care investment and consolidation for the past two years: life sciences (46 deals), physician services (44), health-care IT (39), medical devices (39), behavioral health (15), cannabis (13), and home health (11).
Expectations are high that mergers and acquisitions in 2022 could match or exceed last year’s record pace, which saw over 3,000 transactions, Herschman said. The number of deals in December 2021 was 303, up from 236 in November. Read more.
