Deals for healthcare services companies slipped 16.5% in Q2 from the prior quarter, but the market shows signs of turning a corner, PitchBook’s latest Healthcare Services Report explains. Throughout the year, bankers have said that their pipelines are filling up. Q2 saw a handful of platform trades, and additional large deal announcements are likely to follow. GPs are feeling pressure to both return capital to LPs and deploy it, and they are increasingly confident that rate cuts are near. PitchBook expects a gradual increase in activity as sellers bring their best assets to market and valuation expectations crystallize.
Read the full article: PitchBook’s Q2 2024 Healthcare Services Report: PE Dealmakers See a Turning Point for Healthcare Services //
Source: https://pitchbook.com/news/reports/q2-2024-healthcare-services-report