Coronavirus & healthcare investing
Two months into lockdown, we are now coming to the end of the first phase in the virus crisis. Some businesses, such as restaurants and cinemas, have been reduced to zero revenues whereas others haven’t, yet, been directly affected. We at August Equity have experienced both ends of the spectrum, from our nursery schools’ investment which, happily, reopens in June, to social care where we have witnessed resilient growth at Orbis as it continues to transition in new service users with a safe navigation of social distancing. Healthcare investment is ingrained in August Equity's DNA, this article will explore the continued financial and logistical impact Covid-19 is having both on operating businesses and undertaking / financing M&A, and to what extent this changes the attractiveness of the sector from an investment perspective.