Health Care M&A Volume Slipped 3% in Q4:2019, According to HealthCareMandA.com

NORWALK, Conn. (PRWEB) January 19, 2020

Health care merger and acquisition activity essentially held steady in the fourth quarter of 2019, compared with the third quarter. The number of deals announced fell 3%, to 442, compared with the previous quarter’s 456 transactions, and was 12% lower than the 504 deals announced in the same quarter in 2018. Combined spending in the fourth quarter totaled $63.4 billion, up 22% compared with the previous quarter’s $52.1 billion. It was 47% greater than the approximately $43.1 billion reported in the same quarter in 2018, according to HealthCareMandA.com

Healthcare services transactions made up 69% of the fourth quarter’s deal volume, similar to the previous four quarters. The Long-Term Care sector once again ranked the busiest, with 110 deals and a 25% share of the quarter’s transaction total. Year-over-year, two of the services sectors posted impressive gains–Home Health & Hospice (+40%) and Managed Care (+200%). Combined spending on the services side accounted for only 38% of the quarter’s total, approximately $24 billion, based on disclosed prices.

Healthcare technology deals accounted for 31% of the fourth quarter’s deal volume. The eHealth sector was the busiest, posting 63 deals to make up 14% of the quarter’s total. Year-over-year, eHealth was the only technology sector to post an increase in deal volume, up 9% compared with the fourth quarter of 2018. Combined spending among the technology sectors was $39.4 billion.

“Fourth-quarter deal volume was strong, thanks to a busy December,” said Lisa E. Phillips, editor of HealthCareMandA.com. “Heading into 2020, we expect another strong year in the healthcare market–at least until the November elections.”

As healthcare mergers and acquisitions go, 2019 was another good year. Preliminary data show a total of 1,774 deals announced, the second-highest on record. The total is just 7% lower than 2018’s record of 1,908 transactions.

Last year’s spending total is another story, and one for the record books. Preliminary data show $401.7 billion went to finance healthcare deals in 2019, and that’s just disclosed spending. Not only is that a record, it beat the previous record ($333.3 billion, set in 2018) by 21%.

All quarterly results are published in The Health Care M&A, which is part of the HealthCareMandA.com investment research source. Sector-specific research and analysis can be found at Levin Associates 2019 Sector Reports. For information, or to order the report, call 800-248-1668. Irving Levin Associates is celebrating more than 70 years of delivering exclusive M&A intelligence to its sophisticated audience of seniors housing and healthcare investors. The company was established in 1948 and has headquarters in Norwalk, Connecticut.

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Behavioral Health Care M&A Activity Slowed in Q4:2019, According to Acquisition Data From Healthcaremanda.com

NORWALK, Conn. (PRWEB) January 19, 2020

Activity in the behavioral health care M&A market slowed in the fourth quarter of 2019, down 21% with 15 publicly announced transactions, compared with 19 transactions in the third quarter, according to data from HealthCareMandA.com. The decline in deal volume was even more dramatic compared with the fourth quarter of 2018. Deal volume in Q4:19 was down by 46% versus the 28 deals announced a year earlier. Only one transaction disclosed a price in the quarter, for $415 million.

“This sector has seen years of growth as private equity firms have piled in to build national and regional platforms around addiction treatment and autism programs and services. It’s not surprising to see more contraction after several years of growth,” said Lisa E. Phillips, editor of The Health Care M&A Report, which publishes the data. “Autism is still the hottest commodity in the sector, but investor interest in substance abuse programs and inpatient psychiatric facilities has waned a bit.”

The sole deal to report a price was announced by Thomas H. Lee Partners. The private equity firm paid $415 million to acquire Centria Healthcare from Martis Capital and Lorient Capital. Centria is the largest provider in Michigan and operates in Arizona, California, Indiana, Massachusetts, Minnesota, New Jersey, New Mexico, Oregon, Texas and Washington. It also provides pediatric nursing and catastrophic injury care.

Discovery Behavioral Health, a portfolio company of Webster Equity Partners, was the most active acquirer in the quarter, announcing three transactions targeting companies specializing in drug and alcohol treatment programs in California (2) and Maryland (1).

All quarterly results are published in The Health Care M&A, which is part of the HealthCareMandA.com investment research source. Sector-specific research and analysis can be found in The Behavioral Health Care Acquisition Report 2019 . For information, or to order the report, call 800-248-1668. Irving Levin Associates is celebrating more than 70 years of delivering exclusive M&A intelligence to its sophisticated audience of seniors housing and healthcare investors. The company was established in 1948 and has headquarters in Norwalk, Connecticut.

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Bernasse Celebrates 20 Years in the Travel Industry

ST. MICHAEL'S, Md. (PRWEB) January 19, 2020

Twenty years ago, Pascale Bernasse fulfilled a lifelong dream and began a career in the travel industry. Today, that dream remains a reality for her as the co-owner and President of French Wine Explorers.

Bernasse started working in the travel industry in 2000 after leaving a corporate career that had left her uninspired. Taking a leap of faith, she started her career at two of the first internet-based cruise retailers, then moved on to gain experience with a small niche tour operator and a brick and mortar travel agency. In 2007 Bernasse and her husband, Pierre, acquired French Wine Explorers, a boutique tour operator specializing in luxury wine vacations in France and Italy.

For the past nine years Bernasse has been featured as a Condé Nast "Top Travel Specialist" for her expertise. Bernasse earned this reputation by providing exceptional immersive tours with memorable experiences. Her success is due to her insider’s knowledge and relationships with the top estates and guides in France. Daughter of a French native, Bernasse spent summers in France and received part of her college education and professional experience there. All this time spent in France has allowed her to have a deep perspective that she shares with clients.

Says Bernasse, “I am incredibly proud of my experiences in the travel business these last 20 years. This has been a dream of mine since I was a young child spending my summers in France. Over the years, I have forged relationships with outstanding clients and service providers. These partnerships have allowed me to grow in ways that I never imagined. We use a high touch approach with our clients; and this fuels our brand as Pierre and I surround ourselves with the best in the business. I hope the next 20 years will challenge, reward and inspire me as much as the past 20 have!”

Along with recognition from Condé Nast, French Wine Explorers has been recognized by Wine Enthusiast, Travel and Leisure, Rachel Ray Magazine, Travel Weekly, and Bon Appétit magazines.

About French Wine Explorers:

French Wine Explorers is a leading boutique travel firm creating exclusive wine vacations in France and Italy. These unique wine tours are designed to help wine lovers become connoisseurs. Travelers choose from small group tour itineraries or custom-designed wine tours. Packages include deluxe transportation, boutique hotels, gourmet meals with premium wines, VIP wine tastings, sightseeing, and the services of a bilingual wine expert guide.

Contact Information:

https://www.wine-tours-france.com

info@wine-tours-france.com

1-877-261-1500

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