Events Search and Views Navigation
For private equity investors in education-focused companies, these are incredibly busy times --
- An increase in federal spending has ignited investment interest in childcare and preschool companies.
- Digital transformations -- like increased digital delivery of content -- in K-12 schools are helping the ed-tech market soar.
- Excess capacity has come out of the post-secondary landscape, leading to a resurgence of interest from private equity investors.View Event Details
Regulatory pressures, the shift to value-based care, and the burdens of administrative and reimbursement paperwork have all transformed the healthcare landscape.
Understandably, doctors want to focus on practicing medicine, not on managing piles of paperwork. Private equity firms are happy to oblige. But doctors’ interests are not the only motivating factors.
Other factors leading to consolidation are the fragmentation of the healthcare industry, the demands for regional platforms, and the pressure for high returns.View Event Details
It’s full speed ahead in 2019 for the aerospace and defense industries -- which are both coming off stupendous year-earlier results --
Highest industry-wide revenue ever, at $760 billion, and highest operating profit ever, at $81 billion.
In commercial aircraft, record large deliveries and backlogs.
In defense, increased government spending amidst rising geopolitical tensions causing the top six defense contractors to report a 12% increase in revenue.View Event Details
Providers of behavioral healthcare services are thriving.
Last year was the field’s biggest year to date. Deal activity soared a breathtaking 60% (year-over-year), achieving a high of 97 announced or closed transactions. And the pipeline for future investors looks even better, for five reasons...View Event Details
Valuations of specialty chemicals companies are soaring to record levels, and private equity investors aren’t tamping down their acquisition pace.
Combined with the late-cycle economic environment and a private equity market flush with cash, it’s no wonder PE investors continue to deploy capital.
According to ThomasNet, more than 10,000 American businesses produce over 70,000 chemical products.
Those include an enormous “laundry list” of specialty chemicals such as adhesives, polymers, polymer additives, coatings, coating additives, lubricants, food additives, resins, and countless others that offer significant potential for private equity investors.View Event Details
Much like a baby boomer who exercises and eats right, the post-acute and home healthcare industry keeps going strong!
According to one estimate, the industry is continuing on a years-long roll, logging 382 deals between 2014 and 2018, up from 278 in the preceding five-year period.
After the sector’s banner year in 2018, perhaps investors can be forgiven for assuming it may be due for a slowdown. After all, that year included the $4.1 billion acquisition of Kindred-at-Home by Humana and a consortium of PE firms – not to mention the $2.4 billion merger between LHC Group and Almost Family.
But many positive trends support an optimistic view that the industry’s market strength will provide investment opportunities for 2020 and possibly 2021View Event Details
Makers of bulky heavy goods like beds and refrigerators are the latest merchants to join the rush to online commerce. But if you’ve ever tried to lug a king-size mattress up a flight of stairs after you purchased it online, you’ll know it’s no fun.
That’s why last mile delivery companies provide in-home “white glove” service. This niche has become super-heated, despite concerns about high valuations, the impact of Amazon, and the potential for an economic slowdown.
Of course, this isn’t the only sub-sector doing well these days, as advanced tech continues to disrupt transportation and the threat of tariffs grows.View Event Details
The advice about exits that you hear from experienced dealmakers sounds counter-intuitive at first.
For example, some say if you haven’t thought through your best exit strategy ahead of time, you may not recognize it when you see it.
So put differently, they’ll warn you to plan your exit strategy even before you close your acquisition.
As a result, exits are far from spontaneous events.View Event Details
M&A is stronger than ever in the water, waste, and recycling industries. According to one estimate, there were 75 deals in the first half of this year, up from 43 a year earlier.
Another report calculates that private equity firms -- attracted by the sectors’ fragmented nature and recurring recession-resistant revenue-- had already done more platform deals (nine) by July 2019 than they did all of 2018 (six), according to one report.
This success is happening despite rollbacks in environmental regulation and China’s decision to no longer be the dumping ground for the world’s recycled waste which has left municipalities and waste companies in the U.S. scrambling for alternatives. But experts say these recent developments offer an opportunity to invest in better solutions that depart from an unsustainable throwaway culture.View Event Details
Bain Capital Double Impact Fund’s acquisition of Penn Foster -- and its subsequent add-on of Ashworth College -- is a classic example of a private equity firm capitalizing on multiple hot trends.
But it’s also an investment that keeps in focus the two critical long-term fundamentals in the education industry -- costs and outcomes.
Hot areas of investment in education come and go (remember MOOCs and coding schools?), but these two fundamentals remain constant, or, if anything, they’ve actually increased in importance!View Event Details