August, 2023

In Q2 2023, the median transaction value in Automotive was $26 million. In Q2 2023, the strategic buyers accounted for 95% of transactions.

Select recent notable publicly announced M&A transactions:

– Piazza Auto Group closed its acquisition of Otto’s BMW/Otto’s Mini for $31 million in June 2023.

–Echo Defense Projects closed its acquisition of Five Star North America for $3 million in May 2023.

– Linamar Corporation announced its acquisition of Battery Enclosures (Business of DURA Automotive Systems) for $325 million in May 2023.

– XPEL closed its acquisition of Dealership Services Business (US) for $5 million in May 2023.

– SMP Automotive Systems closed its acquisition of Bolta US (All Assets) for $16 million in April 2023.

April, 2023

In Q1 2023, the median transaction value in Transportation & Logistics was $38 million. In Q1 2023, strategic buyers accounted for 94% of transactions.

Select recent notable publicly announced M&A transactions:

– Knight-Swift Transportation Holdings announced its acquisition of U.S.Xpress Enterprises for $838 million in March 2023.

– Kelsian Group Limited announced its acquisition of All Aboard America! Holdings for $351 million in March 2023.

– G Squared announced its acquisition of Turofor $68 million in March 2023.

– Trinity Industries closed its acquisition of RSI Logistics for $70 million in March 2023.

– EFL Global closed its acquisition of Trans American Customhouse Brokers for $43 million in February 2023.

April, 2023

In Q1 2023, the median transaction value in Technology and Software was $45 million. In 2022, strategic buyers accounted for 94% of transactions.

Select recent notable publicly announced M&A transactions:

– CNH Industrial announced its acquisition of Hemisphere GNSS for $175 million in March 2023.

– AAR Corporation closed its acquisition of TRAX (USA) for $140 million in March 2023.

– Blackstone; Abu Dhabi Investment Authority announced its acquisition of Cvent Holding for $4.7 billion in March 2023.

– Parsons Corporation announced its acquisition of IPKeys Power Partners for $43 million in March 2023.

– Symphony Technology Group announced its acquisition of Momentive Global for $1.7 billion in March 2023.

April, 2023

In Q1 2023, the median transaction value in Pet was $27 million. In Q1 2023, strategic buyers accounted for 94% of transactions.

Select recent notable publicly announced M&A transactions:

– Nkomo Corporation closed its acquisition of 7 Kriser’s Natural Pet stores in California at an undisclosed value in March 2023.

– Paw Acquisition I Corporation closed its acquisition of Muffin’s Blind Dog Club house at an undisclosed value in March 2023.

– PetIQ closed its acquisition of Rocco & Roxie Supply for $27 million in February 2023.

– Beach Point Capital Management closed its acquisition of Wet Noses at an undisclosed value in February 2023.

– Wag! Group announced its acquisition of Assets of Dog Food Advisor for $9 million in January  2023.

April, 2023

In Q1 2023, the median transaction value in Packaging was $135 million. In Q1 2023, strategic buyers accounted for 86% of transactions.

Select recent notable publicly announced M&A transactions:

– Burlington Capital Partners closed its acquisition of Martin Pallet at an undisclosed value in March 2023.

– Welch Packaging Group closed its acquisition of Nashville Boxat an undisclosed value in March 2023.

– Mill Rock Packaging Partners closed its acquisition of Keystone Paper & Box Company at an undisclosed value in February 2023.

– Imperial Dade Intermediate Holdings closed its acquisition of Focus Packaging and Supply Company at an undisclosed value in February 2023.

– S. Walter Packaging Corporation closed its acquisition of Pulver Packaging at an undisclosed value in January 2023.

April, 2023

In Q1 2023, the median transaction value in Infrastructure was $42 million. In Q1 2023, strategic buyers accounted for 87% of transactions.

Select recent notable publicly announced M&A transactions:

– Ontario Teachers’ Pension Plan Board closed its acquisition of Sweetwater Royalties for $222 million in March 2023.

– Ta Chen International closed its acquisition of TCI Texarkana for $100 million in March 2023.

– KLX Energy Services Holdings closed its acquisition of Greene’s Energy Group for $34 million in March 2023.

– Marathon Petroleum Corporation closed its acquisition of LF Bioenergy for $100 million in March 2023.

– Builders First Source closed its acquisition of Noltex Holdings for $83 million in February 2023.

April, 2023

In Q1 2023, the median transaction value in Industrials and Manufacturing was $45 million. In Q1 2023, strategic buyers accounted for 92% of transactions.

Select recent notable publicly announced M&A transactions:

– Distribution Solutions Group announced its acquisition of HISCO for $282 million in March 2023.

– TransDigm Group Incorporated announced its acquisition of Calspan Corporation for $725 million in March 2023.

– HNI Corporation announced its acquisition of Kimball International for $563 million in March 2023.

– Greif closed its acquisition of Centurion Container for $145 million in March 2023.

– Clean Harbors announced its acquisition of Thompson Industrial Services for $100 million in March 2023.

April, 2023

In Q1 2023, the median transaction value in healthcare was $30 million. In Q1 2023, strategic buyers accounted for 97% of transactions.

Select recent notable publicly announced M&A transactions:

– Fall Line Endurance Fund announced its acquisition of GreenLight Biosciences Holdings for $179 million in March 2023.

– TM Strategic Capital Equity; TM Strategic Capital Debt closed its acquisition of Tactical Medical Solutions for $106 million in March 2023.

– Echo Lake Capital announced its acquisition of Quince Therapeutics for $60 million in March 2023.

– Concentra Biosciences announced its acquisition of Jounce Therapeutics for $108 million in March 2023.

– WW International announced its acquisition of Weekend Health for $131 million in March 2023.

April, 2023

In Q1 2023, the median transaction value in Food and Beverage was $23 million. In Q1 2023, strategic buyers accounted for 94% of transactions.

Select recent notable publicly announced M&A transactions:

– Malteries Soufflet SAS announced its acquisition of United Malt Group Limited for $1.5 billion in March 2023.

– Longpoint Realty Partners closed its acquisition of Cardenas Markets for $23 million in March 2023.

– Starco Brands closed its acquisition of Soylent Nutrition for $29 million in February 2023.

– AgriFORCE Growing Systems announced its acquisition of Berry People for $28 million in January 2023.

– Macay Holdings closed its acquisition of Royal Crown Company for $46 million in January 2023.