Aaron Weitzman
"Exit timing is often driven by how quickly we can deliver against our value creation plan,” THL's Joshua Nelson said. “So, if we had a plan to do something in five years, and it took us only two and a half years to achieve those goals, then we will start thinking about exiting earlier.”
BPOC predicted "shrinking supply (retirements and aging of providers) and growing demand" eight years ago, said Greg Moerschel.
“Virtual care was tiny before the global pandemic, but there is an enormous number of players now," said GA's Robb Vorhoff. "We believe there will be a big consolidation trend in that space.”
"I think of how painful banking was in the 1980s and 1990s and how tech has transformed and makes things smoother, and healthcare has not changed a whole lot," said Silversmith co-founder Jeff Crisan.
Tech tools from RedTeam, Paskr and Fieldlens aim to help contractors navigate challenges like supply-chain disruptions and labor shortages.
The industry is non-cyclical, often produces recurring revenue and has predictable expenditures and cashflows.
In the first five weeks of 2022, PE Hub has seen a slew of PE deals focused on issues like scheduling professionals and helping them manage workspaces.
The PE firm, which focuses on cybersecurity for defense and government agencies, recently bought Varen Technologies and Exceptional Software Strategies.
Capital Constellation, a group of institutional investors managed by Wafra, has invested in Broad Sky, which bought Thomas Scientific from Carlyle.
“Healthcare staffing is a large, $20bn-plus market and we like to look at big markets undergoing disruption, FTV partner Richard Liu told PE Hub.