Private equity players are sitting on more dry powder than ever before, entering 2020 with a reported $1.5 trillion in unspent capital. In all likelihood, a portion of this cash will go into the in-home care space. In general, the health care sector has already seen an increase in private equity investment over the past few years. There were 299 health care deals involving private equity buyers or sellers in 2009; that number is expected to skyrocket to almost 750 for 2019 when all the deal data is in and analyzed, according to statistics from PricewaterhouseCoopers. “There has been a large increase in private equity interest in health care,” Matt Picciano, principal at Alpine Investors, told Home Health Care News. “Overall, the market is big and growing, so you’re seeing private equity become more comfortable in the health care space. It’s a flywheel effect.”
Read the full article: Private Equity Likely to Deploy $1.5 Trillion War Chest in Home-Based Care Market //
Source: https://homehealthcarenews.com/2020/02/private-equity-likely-to-deploy-1-5-trillion-war-chest-in-home-based-care-market