Events Search and Views Navigation
Pinched between hyper-valuations and competition for deals, PE firms are under the gun to super-size their returns.
As a result, operating partners focus most heavily on finding the right executives for their portfolio companies, as well as on partnering most effectively with their management teams generating better business insights, and driving high impact and results.View Event Details
Dental service organizations are for-profit companies that manage the back office operations of dentists’ practices. Called DSOs, they provide nuts-and-bolts management expertise for dentists, and they oversee the profitability of day-to-day non-clinical activities.
As of last year, the DSO market amounted to a whopping $73 billion! Despite that giant size, only 7% of all practicing U.S. dentists were affiliated with DSOs in 2017!
So the opportunity for expansion for middle-market private equity firms who buy and build DSO platforms seems bottomless.
What’s more, the population of dentists is skyrocketing. According to the Bureau of Labor Statistics, it’s projected to grow another 20% before 2026, far faster than the average rate for all occupations in the U.S.
And the growth rate for the DSO industry is expected to be an astonishing 13-to-14% each year through 2024.View Event Details
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