Private equity firms’ pullback from some corners of the healthcare industry has been outpacing the slowdown in other sectors, PitchBook data shows.
In healthcare services and health-focused IT sectors, the number of deals reached fresh lows in Q2—down more than 70% from peak dealmaking times in the fourth and second quarters of 2021, respectively, according to PitchBook’s Q2 Healthcare Services and Healthcare IT reports.
By contrast, PE dealmaking in the broader market across all sectors has fallen by an estimated 29% from its high in Q4 2021—a deep drop but a significantly lower one. Read more.
