August, 2023

In Q2 2023, the median transaction value in Industrials and Manufacturing was $18 million. In Q2 2023, strategic buyers accounted for 92% of transactions.

Select recent notable publicly announced M&A transactions:

– Westinghouse Air Brake Technologies Corporation closed its acquisition of L&M Radiator for $230 million in June 2023.

– Lone Star Americas Acquisitions announced its acquisition of Carlisle Fluid Technologies for $520 million in June 2023.

– KKR announced its acquisition of CIRCOR International for $1.7 billion in June 2023.

– Oshkosh Corporation announced its acquisition of JBT AeroTech Corporation for $800 million in May 2023.

– Stratasys announced its acquisition of Desktop Metal for $770 million in May 2023.

August, 2023

In Q2 2023, the median transaction value in healthcare was $30 million. In Q2 2023, strategic buyers accounted for 95% of transactions.

Select recent notable publicly announced M&A transactions:

– Shionogi announced its acquisition of Qpex Biopharma for $140 million in June 2023.

– H.B. Fuller Company closed its acquisition of Adhezion Biomedical for $95 million in June 2023.

– Novartis AG announced its acquisition of Chinook Therapeutics for $3.5 billion in June 2023.

– Morphogenesis announced its acquisition of CohBar for $131 million in May 2023.

– Dianthus Therapeutics announced its acquisition of Magenta Therapeutics for $172 million in May 2023.

August, 2023

In Q2 2023, the median transaction value in Food and Beverage was $23 million. In Q1 2023, strategic buyers accounted for 92% of transactions.

Select recent notable publicly announced M&A transactions:

– An undisclosed buyer announced its acquisition of Whole Earth Brands for $592 million in June 2023.

– Luxco closed its acquisition of Penelope Bourbon for $216 million in June 2023.

– An undisclosed buyer announced its acquisition of Jetro Holdings for $1.4 billion in May 2023.

– Flagstone Foods closed its acquisition of Emerald Nuts (Campbell Soup Company) for $40 million in May 2023.

– The Duckhorn Portfolio closed its acquisition of Winery and Planted Vineyards for $55 million in May 2023.

August, 2023

In Q2 2023, the median transaction value in Digital Commerce was $7 million. In Q2 2023, strategic buyers accounted for 94% of transactions.

Select recent notable publicly announced M&A transactions:

– From You Flowers closed its acquisition of FTD at an undisclosed value in June 2023.

– Tempur Sealy International announced its acquisition of Mattress Firm Group for $4.0 billion in May 2023.

– Upexi closed its acquisition of Cygnet Online for $23 million in April 2023.

– An undisclosed buyer closed its acquisition of Yandy Enterprises for $3 million in April 2023.

– Battlbrands Holdings announced its acquisition of Battlbox for $7 million in April 2023.

August, 2023

In Q2 2023, the median transaction value in Consumer & Retail was $16 million. In Q2 2023, strategic buyers accounted for 94% of transactions.

Select recent notable publicly announced M&A transactions:

– An undisclosed buyer closed its acquisition of American Giant for $10 million in May 2023.

– Tempur Sealy International announced its acquisition of Mattress Firm Group for $4.0 billion in May 2023.

– BPEA EQT and Nord Anglia Education closed its acquisition of IMG Academy for $1.1 billion in April 2023.

– Goosehead Insurance announced its acquisition of Insurance Book of Vivint Smart Home for $6 million in April 2023.

– Express and WHP Global closed its acquisition of Bonobos for $75 million in April 2023.

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.