Please note that assistive links (commonly known as "skip to links") are used throughout this site. These links are not well-supported by some mobile devices. If you are encountering difficulty using these links, please navigate around these links, or access the site on a desktop browser.
Skip to the primary content of this page Skip to the footer of this page

Q3 2024 Mental Health Update

Skip to the end of the Expertise Menu

Q3 2024 Mental Health Update

Transaction activity within the mental health space rebounded considerably from the prior quarter, although there continued to be a lull in private equity and PE-backed deal volume as most transactions in the space involved independent, VC-backed, or non-profit buyers.

The slowdown in private equity activity can be attributed to most platforms turning inward to prioritize organic growth initiatives and operational efficiency improvement over M&A. Provident expects this trend to persist for some time, but anticipates increased deal flow in 2025 due to multiple expected sale processes as well as rate relief from the Fed.

PHP, IOP, and adolescent-focused mental health have come to the forefront as some of the most sought-after categories within the mental health vertical. Provident expects those spaces to see the most activity in the quarters to come.

To print and download the full Mental Health Update report, please click below…

[holo_button icon=”/wp-content/uploads/2024/10/Q3-2024-Mental-Health-Newsletter_vP.pdf”” color=”#003561″ target=”blank”]PRINT/DOWNLOAD[/holo_button]