Health

Healthcare is one of the most active sectors in terms of M&A activity, with more than 3,600 transactions closed in 2020, globally. Investors have maintained a high level of interest in the pharmaceuticals, life sciences, and healthcare services sectors, particularly since the start of the Covid-19 pandemic. The transactions are driven by numerous factors, from market disruption to “simple” market consolidation. Like for many other industry areas, M&A activities in Healthcare is largely driven by strategic buyers. The Translink Healthcare Industry Group covers the following areas: Pharmaceuticals, Healthcare Equipment, Healthcare Supplies, Distributors (of equipment and supplies), Biotechnology, Healthcare Facilities and Healthcare Services. In Translink Corporate Finance we mostly participate in transactions representing the Seller(s) in the segment of small and medium sized companies. The reasons for the owner(s) to divest has often been that the companies themselves did not have the strength nor the financial muscles to penetrate a global market. In many of the processes where Translink Corporate Finance has participated, the companies were sold to larger industry players to financial investors with financial resources to back the growth potential of the company. In general, the price level for companies in the Healthcare sector is relatively high. The products often generate high contribution margins, the market potential is often significant, and the markets are often less vulnerable to short-term market fluctuations. Healthcare is a global industry, and search for potential buyers or sellers requires a strong global network with deep local insight - like Translink Corporate Finance. Members of Translink’s Healthcare Industry Expert Group recognize the importance of having a profound understanding of the sector in order to evaluate the clients’ business and be able to screen the market for relevant buyers. Therefore, members have participated in several deals in the sector and/or have professional experience from working in the industry.



Selected transactions

Head of the Health Group

Rebecca Zhu, Partner
rzhu@translinkcf.com

Jens Borelli-Kjær, Partner
jborellikjaer@translinkcf.com

Translink Health Specialists

Europe

LocationE-mailName
BelgiumE-mailAntoine Moser, Partner
BelgiumE-mailMaarten de Boer, Partner
DenmarkE-mailJens Borelli-Kjær, Partner
FinlandE-mailJari Lauriala, Partner
FranceE-mailMathieu Lemesle, Founding Partner
GermanyE-mailChristian Hörner, Partner
GermanyE-mailTilman Georg Eckstein, Partner
ItalyE-mailFabio Pastori, Senior Advisor
SpainE-mailJosep Pere Gutierrez, Partner
SwedenE-mailPer-Olof Eurell, Partner
The NetherlandsE-mailAntoine Moser, Partner
The NetherlandsE-mailMaarten de Boer, Partner
TurkeyE-mailEfsane Cam, Partner
United KingdomE-mailDon Gray, Partner

Africa

LocationE-mailName
South AfricaE-mailMichael Anderson, Partner

Asia

LocationE-mailName
ChinaE-mailRebecca Zhu, Managing Director

Middle East

LocationE-mailName
IsraelE-mailDoron Ephrati, Co-CEO

North America

LocationE-mailName
USAE-mailMohit Mehta, Director

Case Studies / Publications