'In the next 10 years, the healthcare spend in the US is expected to go from $4trn to $6trn, and we'll have 15m+ additional people aging into Medicare,' he said.
'Staffing companies will become even more important in the future, as the sector continues to scale,' says Orangewood's Neil Goldfarb.
'There is significant opportunity for Axcel businesses to grow independently as well as the opportunity to build a family of businesses that are stronger together than they are apart,' Jonathan Zeidan told PE Hub.
Inteno had potential buyers but none willing to pay enough to match its uptick in performance, according to Accent's Daniel Winberg, leading the private equity firm to reinvest.
EQT sold most of its stake in IFS and WorkWave to Hg in a deal that valued the companies at $10bn.
In September, Bernhard portfolio company United Utility Services agreed to acquire BHI Power Delivery.
Buying a technology firm allowed Wise Equity to diversify away from the supply chain risks in its typical industrials and manufacturing investments, says Ilaria Montefusco.
'Under LLCP’s ownership, we helped Monte Nido open 22 de novo facilities and acquire 10 facilities, bringing its current total to 45 facilities in 15 states,' said Matt Rich.
‘We’ve been looking at healthcare staffing for some time because the fundamentals suggest that staffing companies will be an increasing part of the healthcare labor ecosystem,’ said OEP’s Charlie Cole.
In August, Blue Point invested in Water Lilies Food, a maker of frozen egg rolls, dumplings and other Asian-inspired cuisine.