M&A insights to keep you one step ahead of the ever-evolving healthcare industry.
June 2021
Behavioral Health
Featured M&A Articles by Steve Zacharias, Managing Partner at Transact Capital
The Train is Leaving the Station
Commanding a Premium Sale Price: 5 Areas to Take Action Now
Two Bites of an Apple...
New Opportunities for the Expansion of Telemedicine during the COVID-19 Pandemic by Bryan Arkwright, Transact Capital M&A Advisor for the Wake Forest Journal of Science and Medicine
Transact Capital M&A Advisor, Bryan Arkwright, compares industrial evolution elements and outlines the popular COVID-19 telehealth use cases in the market today as well as emerging future trends and opportunities.

Healthcare Deals Keep Hot Pace as Economy Pushes Past Pandemic by Christopher Brown for Bloomberg Law
Healthcare M&A is growing rapidly with 207 deals closed or announced in April 2021, marking the third month this year that exceeded 200 deals. For comparison, only four months in 2020 exceeded 200 deals.

Digital Behavioral Health is Growing Hand Over Fist by Susan Ladika for Managed Healthcare Executive
Investments into digital behavioral health companies more than doubled from 2019 to 2020, amassing $2.4 billion in venture funding. This is a result of two growing trends: 1) the transition to digital healthcare and 2) the increased number of Americans with poor mental health.

No-Cancel Culture: How Telehealth is Making It Easier To Keep That Therapy Session by Eric Berger for KHN
According to a recent report from the American Psychiatric Association, 9% of psychiatrists reported that all patients kept their appointments before the pandemic. After switching to telepsychiatry during the pandemic, that number increased to 32%.

Top 10 M&A Mistakes Series:
Transact Capital Managing Director, Jonathan Brabrand, authored and released $100 Million Exit: Your Roadmap to the Ultimate Payday in April 2020. The book analyzes large M&A successes and failures to draw practical, actionable advice that company owners can implement to increase the value of their business and be better prepared for an exit. The following is the sixth in a running newsletter series Top 10 M&A Mistakes detailing passages from Jonathan's book.
M&A Mistake #4: Lack of Preparation
First-time sellers are often surprised by the amount of work that needs to be completed at the beginning of an M&A process. Having labored over the decision to sell their business for months or even years, once the decision is made, they expect buyers to be contacted and the process to begin in earnest. They think that the hard part is deciding to sell. Once they’ve decided, they think they’re ready to roll. Don't fall into this trap...

Who is Transact Capital?
Transact Capital Partners is a full-service mergers and acquisitions advisory and investment banking firm headquartered in Richmond VA with offices in Roanoke VA, Chicago IL, Orlando FL, and Lexington KY. The firm's strong network of relationships with private investors, senior lenders, private equity firms and professional advisors offers a significant advantage in representing business owners for the sale of their business. Transact Capital's experienced and motivated team of 17 professionals are dedicated to helping business owners identify and achieve their vision for the potential future of the company.

Securities and investment banking transactions are offered through its 100% owned affiliate Transact Capital Securities, LLC, Member FINRA and SIPC.
To learn more about the Healthcare Advisory Group, please contact Mike Gaetano at (804) 612-7101 or