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Healthcare Transactions Q1 2021 | Bass, Berry & Sims PLC


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If there were any doubts about the resilience of the healthcare industry and its ability to withstand a global pandemic, those doubts have been put to rest. After showing signs of recovery in the second half of 2020, healthcare merger and acquisition (M&A) activity boomed during the first quarter of 2021 across multiple sectors, with a total of 596 transactions announced (representing a 42% increase over the same quarter last year).
The resurgence was fueled, in large part, by high transaction multiples and an abundance of weary, smaller providers seeking the stability and capital resources of private equity (PE)-backed platforms and other strategic buyers. According to Health Capital Consultants, Q1 2021 PE transaction volume came in lower than expectations given the strong activity in the latter half of 2020. However, they point to an unusually high concentration of transactions in the second half of 2020 (incl ....

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BGL Announces New Partnership Between EyeCare Associates of East Texas and EyeCare Partners, a portfolio company of Partners Group


BGL Announces New Partnership Between EyeCare Associates of East Texas and EyeCare Partners, a portfolio company of Partners Group
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CHICAGO, Jan. 5, 2021 /PRNewswire/ Brown Gibbons Lang & Company (BGL) is pleased to announce a new partnership between EyeCare Associates of East Texas (ECA) and EyeCare Partners (ECP) resulting in the addition of ECA s four Texas clinics to ECP s national network of full-scope medical optometry and ophthalmology practices, and launching ECP s expanded presence in Texas. BGL s Healthcare & Life Sciences team served as the exclusive financial advisor to ECA in the transaction. The transaction furthers BGL s commitment to ophthalmology and more broadly, the provider services sector and represents its sixth completed provider services transaction in 2020. The specific terms of the transaction were not disclosed. ....

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