August 21, 2015
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 being performed.”
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 beyond 2016.”