Private equity’s share of healthcare M&A activity may have plateaued in 2022 as macroeconomic conditions are affecting PE’s impact in the sector.
According to the LevinPro HC database, a record 2,429 M&A deals were reported in 2022. PE accounted for 966 of the deals, representing 40% of the acquisitions. This was a rise from 39% in 2021 (866 of 2,240) and 32% in 2020 (429 of 1,344). However, the upward trend in recent years may have peaked in 2022 as the most recent six-month periods show a declining PE trend in health care.
There were 1,118 healthcare M&A deals posted in 2023 through June 30. PE accounted for 406 of those transactions, representing 36% of the total. PE produced 38% of the deals in the second half of 2022 (450 of 1,178) and 41% in the first half of 2022 (516 of 1,251). Read more.
