Commercial banks and other firms are looking to capture a piece of the healthcare dealmaking market, according to a report in the PE Hub Wire. Recently, Cincinnati’s Fifth Third Bancorp said it agreed to buy Coker Capital Advisors, a healthcare-focused boutique M&A shop founded less than a decade ago. This past October, KeyBanc Capital Markets closed its acquisition of Cain Brothers, a New York City healthcare investment bank. There are many more regional and boutique healthcare M&A shops out there, and “there’s growing interest in adding healthcare M&A operations from entities ranging from accounting firms to other regional or specialized banks,” says the report.
Extra: Tune in to a webinar today, Imaging Centers: Developing a Value (February 28), with Douglas Smith (Integrated Medical Partners). This is Part 14 of BVR's Special Series presented by the BVR/AHLA Guide to Healthcare Industry Finance and Valuation.