EQT’s Eric Liu expects h ealthcare dealflow recove ry; Godspeed, Lone Star and Orogen in deal action

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EQT’s Eric Liu expects healthcare dealflow recovery; Godspeed, Lone Star and Orogen in deal action

Good morning Hubsters, Craig McGlashan here with the Tuesday Wire.

I hope those of you in the US enjoyed your Labor Day holiday – that’s one we don’t get in the UK, so I’ve been able to keep an eye on things for you while you’ve been away.

Rafael Cantonopens things up with an outlook for the rest of the year in healthcare, as he speaks to Eric Liu of EQT.

Next, we take a brief look at the latest on SoftBank’s IPO of microchip maker Arm, before we feature a trio of deals.

First, Godspeed Capital Management has acquired a company working in architectural and interior design, planning, development, construction and contract management services.

Next, Lone Star Funds acquires a maker of engineered systems for industrial and transportation applications from One Rock Capital Partners.

And finally, The Orogen Group makes an investment in a New Jersey-based digital technology provider.

Thawing

Dealmaking in the healthcare sector is set to pick up in the coming weeks, Eric Liu, partner, head of North American private equity and global co-head of healthcare at EQT, toldRafael Canton in the latest of our interviews with dealmakers about the outlook for the rest of the year.

Going public

Healthcare has not been immune to one of the biggest headaches for private equity managers over the last 12 months – a difficult exit environment, exacerbated by a moribund IPO market.

That’s why it’ll be interesting to see how SoftBank’s listingofUK microchip designer Arm on the Nasdaqfares.

There’s been some updates on that today – read more in the premium version of the Wire.

Design

Switching to confirmed deals now, and it’s a bit of an eclectic bunch.

Godspeed Capital Management has acquired a company working in architectural and interior design, planning, development, construction and contract management services.

Transportation

Lone Star Funds acquires a maker of engineered systems for industrial and transportation applications from One Rock Capital Partners.

Tech

The Orogen Group makes an investment in a New Jersey-based digital technology provider.

That’s a wrap from me – Chris Witkowsky will be on Wire Wednesday duty tomorrow.

Cheers,

Craig

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