The services sector continues to lead the healthcare industry in exits, accounting for 48% of completed private equity liquidity events so far in 2011.
Private equity firms have exited 144 healthcare companies since 2008. Recently, KRG Capital Partners and Bain Capital Ventures sold dialysis services provider, Liberty Dialysis Holdings to Fresenius Medical Care for $1.7 billion. Also, private equity firm TA Associates backed American Access Care who also agreed to be acquired by Fresenius Medical Care in a $385 million transaction.
The chart below illustrates that the services sector continues to have the largest percentage of private equity exits in the healthcare industry, while the healthcare technology sector has grown the most year-over-year.
* As of 8/4/11