Exit and Growth Strategies for Middle Market Businesses

M&A Quarterly News In The Healthcare Industry Sector

By Daniel Sirvent | Nov 08, 2019

The report below gives a good overview of the fourth quarter M&A activity in the Healthcare Industry Sector. M&A activity for North American based target companies in the Healthcare sector for Q3 2019 included 168 closed deals, according to data published by industry data tracker FactSet.

One of the notable middle market transactions in the sector closed in August when AtriCure, Inc. acquired SentreHEART, Inc., a portfolio company of Pinnacle Ventures LLC, Presidio Management Group Inc, Prospect Venture Partners, Vivo Capital LLC, Deerfield Management Co LP and Decheng Capital LLC, for US$281.4 million in stock and contingent payout with an undisclosed amount in cash. Founded in 2005, SentreHEART is located in Redwood City, California and develops catheter-based solutions.

Industry Indicators

  • US consumer prices for medical care commodities, an indicator of healthcare costs, decreased 0.4% in July 2019 compared to the same period in 2018.
  • US consumer prices for medical care services, an indicator of profitability for healthcare services, rose 3.3% in July 2019 compared to the same month in 2018.
  • Total US revenue for outpatient care centers hay risen more than 5% for YTD 2019.

Posted by Daniel Sirvent.

Read the Entire Healthcare 4th Quarter Newsletter Here

Leave a Comment