Why Does BMO Have a TMTH group (TMT + Healthcare)
Can someone shed some light on why TMT and Healthcare is under the same group at BMO (Toronto)?
Can someone shed some light on why TMT and Healthcare is under the same group at BMO (Toronto)?
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Probably not enough people/deal flow to split into two separate groups or their healthcare vertical focuses on healthcare tech so they throw it under a single umbrella. My 2 cents
It’s Canada not the US. The market is a fraction of the size.
More hands less deals, you do the math.
Maybe because healthcare tech is ripe for M&A in the upcoming years? Loads of struggling companies especially startups running out of runway and probably are looking for an exit via acquisition.
Canada is not very diversified. Fields outside of financials and natural resources are too small. Also, idk where u got TMTH I only know of DIG which covers all of diversified industries. Also tech has its own group at BMO for whatever reason
NBF does the same
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