McGuireWoods Healthcare partner Bart Walker is quoted by The Ambulatory
M&A Advisor in a July 29 piece addressing increased deal making activity
within a specialty sector of the U.S. healthcare system: pain management. The
article, titled “Pain
Management M&A: Past, Present and Beyond,” includes comments from Walker
about this aspect of the healthcare industry that has emerged as a true sellers’
market over the past two years.
“I think overall there is more transaction activity,” says Walker in quoted
material. “It seems like there is quite a bit of liquidity out there and money
that needs to be put to work. Therefore, it seems like a lot more deals are
Walker goes on to point out that, while this trend of increased activity may
be temporarily profitable, it is, ultimately, a finite one.
“I think at a macro level, interest rates have been low for so long, I think
that’s probably had some effect on valuations. The market feels a little frothy
right now, not unreasonably so, but I wonder how sustainable that really is