Vertess announces pick up in M&A activity
By HME News Staff
Updated 9:15 AM CDT, Thu October 26, 2023
FORTH WORTH, Texas – Vertess has closed five major health care transactions in the third quarter of 2023 with a total value of $75 million. The transactions were in various health care verticals. "At the end of 2022 and early 2023, we saw a sharp decline in the pace of M&A activity,” said Brad Smith, managing director. “We continued to push forward and remain patient. We are pleased for our clients that our perseverance with buyers resulted in several successes." Vertess sees signs of a strong fourth quarter and 2024, as well. The firm, which has additional offices in Arizona, California, Colorado, Florida, Massachusetts, Pennsylvania, New Jersey and Texas, has experience in numerous verticals, including DME, pharmacies, home care/hospice, urgent care and life sciences.
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