Healthcare M&A and Valuation
News and Insights

On February 23, 2026, Enhabit, Inc. (NYSE: EHAB), a leading national home health and hospice provider, announced a definitive agreement to be acquired by Kinderhook Industries, LLC, a middle market private equity firm, in an all-cash transaction for a total enterprise value of approximately $1.1 billion. Enhabit stockholders will receive $13.80 per share in cash, representing a premium of approximately 24.4% to the closing stock price on February 20, 2026.

The occupational health industry has experienced steady low- to mid- single-digit growth over the past several years and is projected to continue expanding steadily in the coming decade. According to one source , the global market is forecast to reach $5.94 billion by 2030, growing at a CAGR of 3.4% from 2024-2030, while another source forecasts a 5.86% CAGR from 2024-2032 for the U.S. market, specifically. Key Growth Drivers Key growth drivers for the industry include the fo

On February 17, 2026, Danaher Corporation (NYSE: DHR), a global science and technology innovator, announced a definitive agreement to acquire Masimo Corporation (NASDAQ: MASI), a leading specialty diagnostics provider of pulse oximetry and patient monitoring solutions, for $180 per share in an all-cash transaction representing a total enterprise value of approximately $9.9 billion, a premium of approximately 38% to Masimo's prior closing price.

On February 2, 2026, Tenet Healthcare Corporation (NYSE: THC) announced the completion of a strategic transaction with CommonSpirit Health that returns Conifer Health Solutions to full Tenet ownership. Under the agreement, CommonSpirit will pay Tenet approximately $1.9 billion over three years, while Conifer will pay CommonSpirit approximately $540 million to redeem its 23.8% equity stake, effective January 1, 2026. The total deal value, including cash payments, balance sheet

On February 2, 2026, Medical Facilities Corporation (TSX: DR) announced the sale of its 64% interest in Oklahoma Spine Hospital, LLC (OSH) to SSM Health, a nonprofit health system, for $46 million in cash. The purchase price implies a total 100% enterprise value of approximately $71.9 million. The transaction also included the concurrent sale of Medical Facilities' 51% interest in the Surgery Center of Newport Coast, LLC to Newport Orthopedic Institute for $19.5 million.