THE BUSINESS OF HEALTHCARE
M&A insights to keep you one step ahead of the ever-evolving healthcare industry.
April 2021
Healthcare Staffing
Why Hire an Investment Banker by Steve Zacharias, Managing Partner for Transact Capital
As the time for an exit approaches, business owners are faced with an important decision. When selling their business, should they run the sale process on their own? Or should they hire an investment bank to facilitate the sale? Here are 10 ways investment banks add value for business owners selling their company.

Mental health professionals are in high demand as the pandemic enters a second year by Kate Rogers and Betsy Spring for CNBC
According to the American Psychological Association, a third of psychologists said they are seeing more patients since the start of the pandemic. Of those treating anxiety disorders, almost three-quarters reported an increase in patient volume.

Burnout and stress amid pandemic add to nurse shortage; One-third considering leaving bedside by SIA
According to a new report by the American Association of International Healthcare Recruitment, more than a third of nurses are considering leaving their current job and more than 75% said they experienced extreme anxiety through the pandemic.

7.4 M Direct Care Jobs Will Need to Be Filled by 2029, with Most in Home Care by Andrew Donlan for Home Health Care News
The rapidly aging US population will require 7.4 million home health jobs to be filled by the end of the decade. The American Jobs Plan has set aside $400 billion for home-based services and aims to improve caregiver recruiting and retention.

Top 10 M&A Mistakes:
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 fifth in a running newsletter series Top 10 M&A Mistakes detailing passages from Jonathan's book.
M&A Mistake #6: Avoidable Surprises
There are many reasons M&A deals fail to close. Macro factors, like changes in tax laws, an economic slowdown, or an unexpected rise in interest rates, can cause a transaction to fall apart. Likewise, a sharp decline in the buyer’s stock price, a change in strategic direction from their Board of Directors, a shortfall in their bank financing, or some other shift in the buyer’s world may lead to them walk away from a deal.
 
In my over twenty years of leading M&A transactions, however, I’ve seen fully three-quarters of failed M&A deals happen because of an unexpected seller-related development, revelation, or discovery. Something comes to light about the target company that the buyer wasn’t expecting.

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.
Recent Staffing Deal Closings
To learn more about the Healthcare Advisory Group, please contact Mike Gaetano at (804) 612-7101 or mike@transactcapital.com