Orthopedics Report – Q1 2021 Acquisition Activity and Outlook
Seventeen PE Firms are now Investing in Orthopedic Practice Acquisitions, Signaling a Probable Surge in 2021 Deal Activity
The first quarter of 2021 delivered four reported orthopedic practice acquisitions continuing a steady pace of transactions in the specialty. Notably, we saw the formation of two new platforms. Trivest partners acquired Bluegrass Orthopedics to form a platform of the same name, and Kohlberg & Company acquired Orthopedic Associates of Manhasset and formed Spire Orthopedic Partners. Seventeen PE firms now have orthopedic platform investments. We believe activity will continue to build throughout the year.
Urology Report – Q1 2021 Acquisition Activity and Outlook
Private Equity Deals for Urology Practices Surges to All-time Record in the First Quarter of 2021. More Expansion Coming?
In our Q4-20 report we noted an increasing interest in urology and posed the question, “Is Urology the Next Darling of Private Equity?” That looks more likely now as the first quarter of 2021 delivered more urology practice acquisitions than any full year since 2017. With six firms now actively seeking to grow their urology platform presence, we believe this specialty may just be entering the Geographic Expansion stage.
Women’s Health Report – Q1 2021 Acquisition Activity and Outlook
Q1 Women’s Health Deals with Private Equity Remain Steady. Investor Activity Indicators Suggest Growth Through 2021.
The first quarter of 2021 delivered three reported Women's Health practice acquisitions. Notably, Shore Capital Partners announced the formation of Together Women's Health, a leading network of integrated women’s healthcare providers with founding practices in greater Detroit.
FOCUS Healthcare Team was one of the Most Active Investment Banking Groups – 2020 Ophthalmology Deals
Our research on ophthalmology transactions in 2020 showed that roughly half of seller groups were represented by an investment banker or M&A advisor.
70% of Larger Physician Groups Use an Investment Banker
An investment banker specialized in medical practice deals can greatly improve the process and outcome of a sale.
Women’s Health Deals Are Heating Up
Even with the chilling effects of COVID-19, 2020 was the biggest deal year yet for private equity's investment in women's health practices (in terms of transaction count).
2020 Marked by Mostly Small Deals in Dermatology
Members of the FOCUS Healthcare team counted approximately 25 closed dermatology transactions in 2020. Of those, fifteen were for small single-dermatologist practices. Ten deals were for two-dermatology practices, and five deals were for three-to six physician groups.
How a Capital Gains Tax Change Could Affect Medical Practice Sales
With President Biden's inauguration today, many are wondering about potential tax changes that could take place in the near future.
2020 Ophthalmology Deals, By Number of Selling Doctors
We looked at completed ophthalmology deals in 2020 to understand different practice sizes that transacted. A couple of items are of note ...
