After a muted 2024, home-based care dealmaking shifted into a higher gear in Q1 2025. The first three months of 2025 were the most active quarter for industry M&A since 2023, driven largely by personal care, according to a new report from Mertz Taggart. While the increase in dealmaking marks an uptick from 2024, it’s […]
Mertz Taggart
This week brought some big news in the at-home care space, with the acquisition of BrightStar Care by a private equity firm. The deal is not the only PE-driven transaction to make headlines this year, with other examples including Renovus Capital Partners’ investment in Superior Health Holdings and Levine Leichtman Capital Partners’ acquisition of SYNERGY […]
If recent headlines are any indication, 2025 will be a pivotal year for setting the course of private equity investment in health care provider companies, including home-based care organizations. In the first month of the year, these were among the PE-related stories that generated headlines: These developments point to both the ongoing PE investment in […]
Home-based care deals significantly slowed in 2024, but conditions are improving, according to a new report from Mertz Taggart. M&A activity declined from 183 deals in 2021 to 110 in 2023, and then further decreased to 72 in 2024, according to the report. Ultimately, only 14 transactions took place in the last quarter, marking the […]
It’s the interest rate, stupid. Home health, home care and hospice industry voices – including myself – have regularly pointed toward internal factors affecting M&A over the last two and a half years. In the end, the overarching, main headwind was always the extremely high interest rates that were put forth by the Federal Reserve […]
The home health sector offers an attractive investment opportunity, but also comes with challenges. It is poised to benefit from an aging population and the shift toward value-based care, however, it is also influenced by factors such as rising interest rates, reimbursement difficulties and staffing shortages, all of which have affected the M&A market. “I […]
There were at least 20 deals closed in home health, home care and hospice during the second quarter, in addition to a few major deals that were announced, but not finalized. Overall, recent months have shown a thaw in M&A may actually be in progress. The home health sector saw at least 10 deals, while […]
On April 23, the Federal Trade Commission (FTC) voted 3-2 to finalize a new rule largely prohibiting employers from enforcing non-competes against workers. While the regulatory timeline on the non-compete ban is fairly immediate, the rule will face intense legal pressure from a variety of groups, mainly of which will come from health care. Regardless […]
The home health, home care and hospice industries are barely exhibiting signs of life when it comes to M&A, sans a few active companies. Transactions were again historically low in the first quarter. Overall, only 12 total home-based care deals have been reported from the first quarter, according to data provided by the M&A firm […]
Thanks to impactful, large-scale transactions over the last decade, the collective face of home-based care has changed forever. Traditional providers in both home health care and personal home care have merged. Payers became involved in the home-based care space like never before. Of late, retailers have too. But it’s often easy to forget how the […]