The Routledge Companion to Management Buyouts

19911

JUST ANOTHER BUSINESS

Private equity in health services

Aline Bos and Paul Boselie

Introduction

Private equity (PE) activity has become a generally well-known phenomenon since the late 1980s, with its roots in the corporate US. During these years, PE firms have widened their geographical as well as their sectoral scope. This has involved increased activity in Europe and more deals in services compared to manufacturing (Guo et al., 2011). Especially since the 2008 financial crisis, PE firms have increasingly acquired organizations providing services that are central to the daily lives of citizens (Ivory et al., 2016), such as health services. This chapter therefore focuses on the role of PE firms in health services. We develop a conceptual ...