Greenwich Capital Group LLC’s Q4 2017 Industrials M&A Update offers insight into recent trends in the Industrials sector and the state of the overall middle-market M&A environment. The report provides a data-driven analysis on transaction volumes and values, valuation multiples and activity by foreign vs. domestic buyers.
Key findings include the following:
- Deal flow in Q4 2017 remained consistent with prior quarters and concluded another strong year for middle-market M&A. Transaction volume totaled 25,561 at an aggregate value of $168.2 billion for the year.
- Industrials M&A ended the year with a total deal volume of 2,716 valued at $24.3 billion, representing decreases in both volume and value of 6% and 21%, respectively, from 2016.
- Although Industrials activity was down from the prior year, various factors indicate a healthy M&A market for the sector, including an average valuation multiple of 9.7x EBITDA and a significant increase in activity from foreign acquirers.
View Greenwich Capital Group’s Q4 2017 Industrials M&A Update for a more in-depth analysis of key market trends and observations.