Healthcare-focused private equity managers are struggling to exit their dental investments, and problems over pay and retention are only making matters worse. A recent PitchBook analyst note showed that companies across several healthcare segments have seen extended holding periods. However, the trend is more acute in the dental sector. As of Q1 2024, 37 PE-backed dental platforms in the US and Canada have been in managers’ portfolios for more than five years—17 of these for more than seven years. Longer holding times are a problem for PE managers who already struggling to retain partner- and junior-level physicians due to changes in compensation structure that follow a deal.
Read the full article: Pulling Teeth: Why Dental Sector Exits Have Been Tough for PE //
Source: https://pitchbook.com/news/articles/private-equity-dental-exits