Deal Flow Falls Through Q2
Capstone Headwaters (@CapstoneHW) has released its July 2020 Healthcare Staffing report discussing key industry trends, deal activity, and public company performance. COVID 19, particularly in states experiencing high infection rates, has heavily burdened healthcare systems and upended traditional delivery methods, placing heightened pressure on providers to rapidly secure qualified and dedicated clinicians to care for the influx of patients. Coronavirus infection surges have fueled unprecedented demand for travel nurses, which has resulted in crisis/pandemic bill and pay rates far exceeding normal levels.
Merger and acquisition (M&A) activity has slowed substantially in year-to-date (YTD) 2020 with seven transactions announced or completed compared to 25 transactions in YTD 2019. However, as Q2 closes, the substantial amount of private equity dry powder presents a favorable backdrop for deal activity to rebound in the Healthcare Staffing industry.
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Capstone Headwaters is one of the largest and most active independent investment banking firms in the United States. The firm has a rich 18+ year history of achieving extraordinary results for middle market entrepreneurs, business owners, investors, and creditors. The firm offers a fully integrated suite of corporate finance services, including merger & acquisition, debt & equity placement, ESOP advisory, corporate restructuring, valuation & fairness opinion, and financial advisory services. Headquartered in Boston, Capstone Headwaters has over 170 professionals across 17 offices in the U.S. with 16 dedicated industry groups. Capstone has been recognized consistently as one of the top investment banks to work for and “U.S. Middle Market Firm of the Year.”