Hows Healthcare IB deal flow?

Just accepted an SA24 position at a fast-growing HC boutique firm. Was just wondering how HC deal flow has been, expected to be in 2024, any specific vertical(s) with stronger flow etc. Ty!

3 Comments
 

Congrats on your new position! Based on the most helpful WSO content, the Healthcare Investment Banking (HC IB) deal flow has been quite strong.

  1. Over the past 5 years, there has been a significant change in the capital markets/M&A space, with a lot of strategic buyers and PE firms showing interest.

  2. Consolidation in the healthcare providers sector seems to be a constant trend, contributing to a stable M&A market.

  3. In terms of verticals, there's been a lot of activity in HCIT (Healthcare Information Technology). Last year was a record year for HCIT in terms of M&A and healthcare issuance. Big tech and medtech players are also acquiring HCIT companies, not just the big HCIT guys buying the smaller ones.

  4. For PE buyers, consolidation still matters - it’s a great way to patch together a bunch of different businesses and offer solutions across a broad set of needs.

  5. The market for telemedicine was booming in 2020, but it seems to have cooled down a bit recently.

As for the future, it's hard to predict with certainty, but given the ongoing trends and the constant need for new solutions in healthcare, it's likely that the deal flow will remain strong.

Remember, the healthcare sector is far from being perfect in this country, so new solutions keep emerging, which could lead to more opportunities in the future.

Hope this helps and best of luck with your new role!

Sources: Healthcare Investment Banking Q&A, What Field Are You And in What Broad Region?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Possimus sint libero consequuntur vitae mollitia deserunt facilis quaerat. Unde molestiae vel laudantium occaecati fugit reiciendis reprehenderit facilis. Impedit quia fuga eos fugit quis et.

Sit fugit nam quis et. Neque dolor provident voluptatem aliquid. Aut eos delectus eos et ipsum voluptates.

Sunt ducimus eos consequatur quia. Unde error quos ullam est maxime dolorem. Aperiam molestiae ipsam dolorum et harum. Quia aut dolor aut eaque temporibus laborum. Rem illo quis voluptatem quia provident cumque atque dicta.

Ipsam eos nesciunt et deleniti. Consequuntur quam vero qui in. Deleniti voluptas tempore dolorum sit id qui in. Autem delectus quisquam facere aut voluptatem illo rerum. Minima architecto aperiam facilis velit possimus voluptatum sed.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”