The behavioral health industry appears to have found a new, historically elevated floor for deal flow in the year’s first quarter. Since the beginning of 2023, quarterly deal totals tracked by the M&A firm Mertz Taggart have been at about 40 transactions. The first quarter of 2024 brought much of the same, with a few more than other quarters: 42 in total, according to the firm’s latest report. Private equity investors continue to be the primary drivers of dealmaking. However, venture capital firms have increasingly engaged in “growth equity” deals where they buy minority stakes in companies they believe demonstrate high scalability. VCs were involved in the 18 growth equity deals the firm tracked.
Read the full article: Venture Capital Accounts for $350M in Behavioral Health Dealmaking in Q1 //
Source: https://bhbusiness.com/2024/05/17/venture-capital-accounts-for-350m-in-behavioral-health-dealmaking-in-q1/