March, 2024

For 2023, the median transaction value in Infrastructure was $60 million. For 2023, strategic buyers accounted for 90% of transactions.

Select recent notable publicly announced M&A transactions:

–Focus Impact BH3 Acquisition Company announced its acquisition of XCF Global Capital for $1.8 billion in December 2023.

–Exus North America Holdings announced its acquisition of New Mexico Renewable Development for $230 million in December 2023.

–Altus Power closed its acquisition of Project Hyperion for $128 million in December 2023.

–Kodiak Gas Services announced its acquisition of CSI Compressco for $886 million in December 2023.

–Koch Fertilizer announced its acquisition of Iowa Fertilizer Company for $3.6 billion in December 2023.

March, 2024

For 2023, the median transaction value in Industrials and Manufacturing was $29 million. For 2023, strategic buyers accounted for 91% of transactions.

Select recentnotable publicly announced M&A transactions:

–Nano Dimension announced its acquisition of Stratasys for $1.1 billion in December 2023.

–Kingswood Capital Management announced its acquisition of Hubbell Incorporated (Residential Lighting business) for $131 million in December 2023.

–FirstService Corporation closed its acquisition of Roofing Corp. of America for $413 million in December 2023.

–Epiroc announced its acquisition of STANLEY Infrastructure for $760 million in December 2023.

–Korea Investment Private Equity announced its acquisition of Ghost Robotics Corporation for $144 million in December 2023.

March, 2024

For 2023, the median transaction value in healthcare was $46 million. For 2023, strategic buyers accounted for 95% of transactions.

Select recent notable publicly announced M&A transactions:

–Bristol-Myers Squibb Company announced its acquisition of RayzeBio for $4.2 billion in December 2023.

–Concentra Biosciences announced its acquisition of Reneo Pharmaceuticals for $62 million in December 2023.

–Bristol-Myers Squibb Company announced its acquisition of Karuna Therapeutics for $14.0 billion in December 2023.

–Cosette Pharmaceuticals closed its acquisition of Worldwide Rights of Vyleesifor $171 million in December 2023.

–H.I.G. Capital announced its acquisition of Zimmer Biomet Spine for $375 million in December 2023.

March, 2024

For 2023, the median transaction value in Food and Beverage was $29 million. For 2023, strategic buyers accounted for 91% of transactions.

Select recent notable publicly announced M&A transactions:

–Chobani closed its acquisition of La Colombe Torrefaction for $900 million in December 2023.

–The Duckhorn Portfolio announced its acquisition of Sonoma-Cutrer Vineyards for $391 million in November 2023.

–Seneca Foods Corporation closed its acquisition of B&G Foods (Shelf stable vegetable product line) for $56 million in November 2023.

–Treasury Wine Estates Limited closed its acquisition of Daou Vineyards for $1.0 billion in October 2023.

–Nature’s Touch Frozen Foods closed its acquisition of Sunrise Growers (Certain assets) for $141 million in October 2023.

March, 2024

For 2023, the median transaction value in Digital Commerce was $31 million. For 2023, strategic buyers accounted for 90% of transactions.

Select recent notable publicly announced M&A transactions:

–Conn’s closed its acquisition of W.S. Badcock Corporation for $74 million in December 2023.

–F9 Investments announced its acquisition of LL Flooring Holdings for $321 million in November 2023.

–Basic Resources announced its acquisition of Warners/Olga/True & Cofor $170 million in November 2023.

–Live Ventures Incorporated announced its acquisition of LL Flooring Holdings for $421 million in October 2023.

–LV Holding closed its acquisition of TLA Acquisition for $13 million in October 2023.

March, 2024

For 2023, the median transaction value in Consumer & Retail was $20 million. For 2023, strategic buyers accounted for 93% of transactions.

Select recent notable publicly announced M&A transactions:

–Conn’s closed its acquisition of W.S. Badcock Corporation for $74 million in December 2023.

–EV Electra announced its acquisition of Draz Canna for $981 million in November 2023.

–Blackstone Management Partners announced its acquisition of Rover Group for $2.4 billion in November 2023.

–Sterling Infrastructure closed its acquisition of Professional Plumbers Group for $50 million in November 2023.

–F9 Investments announced its acquisition of LL Flooring Holdings for $321 million in November 2023.

March, 2024

For 2023, the median transaction value in Automotive was $49 million. For 2023, the strategic buyers accounted for 96% of transactions.

Select recent notable publicly announced M&A transactions:

–Salt Creek Capital II closed its acquisition of Vantage Vehicle International at an undisclosed value in December 2023.

–Penske Automotive Group announced its acquisition of Don Allen Auto Service for $12 million in December 2023.

–Transtar Holding Company closed its acquisition of Arch Auto Parts at an undisclosed value in December 2023.

–Mcgovern Auto Group closed its acquisition of Natick Auto Sales at an undisclosed value in November 2023.

–Evil Empire Designs closed its acquisition of Jade Affiliated for $1 million in October 2023.