The drop in transaction volume at the high end of the home health market has cleared an interesting path for smaller standalone agencies.
Home-based care’s deal volume remained flat in the fourth quarter of 2022, ending a slow year overall for transactions, reports Home Health Care News.
The quarter saw at least 24 completed transactions, right on par with Q3’s 25 deals, but was lower than previous years in the home-based care space, according to a report from M&A advisory firm Mertz Taggart.
Volume was down about 40% and 30% from 2021 and 2020, respectively. In total, 2022 saw a little more than 100 transactions, which is in line with pre-pandemic levels.
Investment experts are seeing strong demand and valuations for mom-and-pops, and those smaller providers are seeing it themselves. Read more.
