(L-R)Gabriel Valdes and Karla Utset of Sidley Austin. Courtesy photos In an Uncertain Market, Which Industries Are Ripe for Investment in 2023?
As far as certainties go, however, we know the market will heat up again and try to make up for lost time. When it does, certain industries in South Florida—namely, health care, professional financial services and home services—will be ripe for PE investment and consolidation.
May 16, 2023 at 09:40 AM
7 minute read
Given the uncertainty of debt markets and a lingering hangover from the soaring multiples that headlined the 2021-2022 mergers and acquisition (M&A) craze in the U.S., it's no surprise—or secret—that private equity (PE) investors and their portfolio companies have been engaging in a months-long holding pattern. As far as certainties go, however, we know the market will heat up again and try to make up for lost time. When it does, certain industries in South Florida—namely, health care, professional financial services and home services—will be ripe for PE investment and consolidation. Looking ahead to the rest of 2023, what can we expect in terms of these investment prospects? And within these industries, what specific subsectors will be most appealing to PE investors?
Health Care
Health care PE activity remains strong, with 2022 as the second-highest year on record for healthcare PE in disclosed deal value and deal count, according to Bain & Co.'s 12th annual Global Healthcare Private Equity and M&A Report. Recent changes in regulations and a continuing increase in innovation show there are no signs of a slowdown.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Rogge Dunn Represents Florida Trucking Firm in Civil RICO Suit Against Worldwide Express
4 minute read
Navigating Claims Under the Florida Telephone Solicitation Act and Florida Telemarketing Act
4 minute read
Secrecy Or Prejudice: Panelists Debate Transparency in Litigation Financing Arrangements
Big Law Assembles as Cruise Lines Clinch Partial Victory in $439M Havana Docks Suit
Law Firms Mentioned
Trending Stories
- 1GOP-Led SEC Tightens Control Over Enforcement Investigations, Lawyers Say
- 2Transgender Care Fight Targets More Adults as Georgia, Other States Weigh Laws
- 3Roundup Special Master's Report Recommends Lead Counsel Get $0 in Common Benefit Fees
- 4Georgia Justices Urged to Revive Malpractice Suit Against Retired Barnes & Thornburg Atty
- 5How Gibson Dunn Lawyers Helped Assemble the LA FireAid Benefit Concert in 'Extreme' Time Crunch
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
