Although deal quantities have varied over the past few years, the geographic distribution of targets has stayed largely consistent across the UK and Europe, with most growth seen in the USA last year
Sources: Results analysis, CapitalIQ, Mergermarket
Private equity activity was markedly high in 2021, vs. previous years, having accounted for almost 50% more deals in 2021 than in 2020
PE activity rose markedly in Q4 2020 and Q1 2021, which we attribute to delayed activity after the impact and uncertainty of COVID-19 began to subside, as well as increased PE interest in the sector
Market access: Pricing reimbursement market access HEOR: Health economics and outcomes research Sources: Results analysis, CapitalIQ, Mergermarket
Companies in bold represent private equity firms Sources: Public data, CapitalIQ, Mergermarket = only publicly disclosed deals are shown