Which coverage group gets Healthcare Technology deals, the Healthcare or the Tech team?
It seems that this will be a hot sector for years to come post coronavirus.
Which group will likely get the mandates? Do banks ever have two coverage groups work on the same mandate?
I'd say it depends on what the company service the company is offering. E.g. if it's a SaaS company operating in the Healthcare space I would think that the Tech team might take the lead with HC helping in terms of market data and assumptions. Would be interested to see what others say...
I know technology healthcare is chewing up a lot of the bandwidth at healthcare boutique shops like Cain Bros/MHT Partners. As for BBs, it probably varies deal to deal/bank to bank, just by relationships and culture.
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