The Behavioral Health Deal Slump May Be Overblown

Fears for a sluggish 2023 may have been overblown. “Aggressive” deals are still being made, though they may be smaller than in years past. That’s according to industry insiders at Behavioral Health Business’ 2023 INVEST conference. Though 2023 is wrapping up with substantial deals, initial opinions about the year were “worried,” according to Christal Contini, chair of mergers and acquisitions at McDonald Hopkins LLC. McDonald Hopkins is a law firm with over 270 attorneys, paralegals and professionals with offices in Ohio, Michigan, Florida, Maryland and Illinois. “But I would say in the lower middle market, we continued to do deals and continue to be busy,” she said. “[2023] was better than I expected.”

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