Compass Diversified Holdings is betting on more brisk activity in healthcare services, in an exception to what’s shaping up to be a lackluster environment for deal making in 2023, Morningstar reports.
Compass owns a portfolio of 11 companies in the consumer and industrial sectors, and its CEO Elias Sabo is always keeping an eye out for middle-market companies to buy. With lower valuations and a higher cost of borrowing in 2023 meaning fewer opportunities in the consumer and industrial sectors, Sabo sees more opportunities for deal making with Compass’s new healthcare vertical. Read more.
