Industry Reports

Published on: 05/23/2014
Continuing a trend that we first noted last year, M&A activity in the medical device outsourcing industry appears to be accelerating. Thus far in 2014, several notable transactions have been completed or announced, and the volume of transactions is steadily rising.
Published on: 02/26/2014
The pharmaceutical outsourcing industry is broad, including not only traditional CROs and CMOs, but many other companies offering a diverse array of services to pharmaceutical manufacturers and biotech companies.
Published on: 01/23/2014
At the start of 2014, the medical device industry finds itself in familiar territory, battling many of the same issues it has faced for several years now. There are a few challenges facing the industry, despite perennial pressures, the outlook for the medical device industry is positive.
Published on: 10/07/2013
The staffing industry has experienced a particularly active M&A market thus far in 2013, reflecting an improving economy and a healthy operating environment for many staffing businesses. Capstone’s research indicates that 89 transactions were completed in the industry through mid‐September, suggesting M&A activity in the sector is on‐track to substantially out‐perform recent years.
Published on: 08/28/2013
The “Pharmaceutical Outsourcing” sector is large and highly fragmented and not only includes CROs and CMOs, but a diverse array of niche companies providing services to pharma and biotech companies.
Published on: 05/31/2013
Reflective of the M&A environment in general, a flurry of acquisitions were reported in the medical device outsourcing industry in the final quarter of 2012, as buyers and sellers worked to complete transactions in advance of the capital gains tax rate increase that went into effect in early 2013. Following the spike, middle market M&A activity has tempered a bit thus far in 2013, although transactions are still being completed in the medical device outsourcing sector.
Published on: 02/06/2013
The medical device outsourcing market, because of its fragmented nature and renewed industry focus on efficiency, is ripe for mergers and acquisitions. In fact, we expect that some of the very issues negatively affecting medical device OEMs could be a contributing factor to more mergers and acquisitions in this space.
Published on: 05/01/2012
Some of the reasons behind the variation in valuation are specific to the buyer, meaning your business may have characteristics that are a “Must Have” to one buyer, but only a “Nice to Have” to another. As a result, valuation is in large part influenced by the needs of and fit with a specific bidder. That said, there are certain attributes of medical device outsourcing companies that buyers will generally pay a premium for, or apply a discount against, relative to the pricing norms for the industry.
Published on: 03/25/2012
Outsourced clinical services are defined as specialty medical services that are delivered in the setting of a hospital, outpatient surgery center, or skilled nursing facility by clinicians or medical specialists who are not employees of the hospital or facility. Such services are outsourced, and provided by corporations that operate independently from the facility. The outsourced positions generally involve physicians, physician assistants, nurse practitioners, or medical technicians.