How Stalled Private Equity Oversight Bills May Sway M&A

Legislation targeting private equity-linked healthcare transactions faltered in several state legislatures this year, potentially deterring other states from considering similar bills and teeing up more dealmaking over the next year. More than a dozen states have passed laws over the last several years bolstering notification requirements for healthcare transactions, some of which specifically cite corporate owners of healthcare entities like private equity and real estate investment companies. But last week, California Gov. Gavin Newsom (D) vetoed the most ambitious state-led private equity oversight bill under consideration this year. In doing so, the Golden State became the sixth state to nix legislation designed to bolster merger reviews.

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Source: https://www.modernhealthcare.com/mergers-acquisitions/private-equity-bills-california-indiana-texas-2024

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