Healthcare merger and acquisition (M&A) activity in the fourth quarter of 2020 exceeded $8.3 billion in disclosed transaction value across 524 deals in Canada and the US. The average deal size among disclosed transactions was$15.9 million, a slight decline from $18.2 million in the third quarter of 2020. In Canada, the top Healthcare sub-sectors for deal activity in the quarter were pharmaceuticals (16), healthcare technology (13), healthcare services (11)and drug retail (9). Together, these sub-sectors accounted for over 77% of Canadian Healthcare deal volume. In2020, industry EV/EBITDA multiples (based on private equity transactions listed below) increased 27% from the previous year and averaged a multiple of 7.1x for lower mid-market transaction values (10 – 25 million range).
Insights
-
Performance
November 21, 2024
Highlights from Quebec’s fall economic update
View a summary of MNP’s highlights from the 2024 Quebec fall economic outlook.
-
Progress
November 21, 2024
Strategic reinvestment: Unlocking resources for municipal priorities without raising taxes
Learn how municipalities can unlock vital resources, cut through red tape, and strategically reinvest in key priorities without increasing taxes.
-
Confidence
November 21, 2024
FAQ: Canada’s new luxury tax and dealerships
There are many questions dealerships have about how Canada’s new Select Luxury Items Tax Act will impact their business. MNP has responded to the most common ones here, to help you adjust to and comply with the new legislation.
