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Able Partners founders Lisa Blau and Amanda Eilian explain why they expect to see more M&A action in the sector in 2023.
The pandemic broadly accelerated innovation and interest when it came to the health and wellness sector. Suddenly, consumers were more interested than ever in gaining more insight into their bodies and minds, and investors tapped in to that growth. As a result, funding soared and companies flourished. However, the recent market downturn has put a strain on healthcare funding, with some formerly high-flying companies slashing costs and reducing headcount.
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