Trends driving sector M&A – Healthcare Services

Date 5 February 2020

Type Insights

Buoyant deal volumes in 2019 set scene for strong 2020

Deal volumes in the UK healthcare services sector have remained robust. In fact, volumes are
at their highest level since 2015, a record year for transaction activity. Last year saw 179 deals complete, an increase of 17% on 2018. Many services are fragmented and deliver an attractive investment rationale for a range of domestic and international strategic acquirers and financial investors (including private equity, REITs, infrastructure and alternative funds). In 2019, almost 60% of acquisitions involved a trade counterparty, be that a listed entity or an existing platform which is expanding due to a domestic consolidation strategy (single site or smaller group acquisitions).