Despite a cautiously optimistic outlook for 2025 at the start of the year, deal activity in healthcare services now mirrors the slowdown seen during the height of the COVID-19 pandemic, when Q2 2020 saw just 93 deals. According to PitchBook’s Q1 2025 Healthcare Services Update, private equity deals within the sector fell to 94 in Q1 2025, a significant decline from the 162 deals recorded in Q4 2024. PitchBook’s report notes that market sentiment shifted quickly in response to factors such as trade policy and tariff announcements, ongoing interest rate uncertainty and a persistent backlog of mature portfolio companies clogging the deal pipeline. According to PitchBook’s US PE Breakdown, almost 4,000 companies have been held for five to 12 years, 12.5% of which are healthcare companies.
Read the full article: Healthcare PE Dealmakers Face Pandemic Déjà Vu amid Market Uncertainty //
Source: https://pitchbook.com/news/articles/healthcare-pe-dealmakers-face-pandemic-deja-vu-amid-market-uncertainty