Q4 2021 Industrials Industry Update

Back to news articles

GCG’s Q4 2021 Industrials Industry Update provides an overview of the latest trends in the sector, including recent performance, valuation multiples, and the state of the middle-market M&A environment.

Key findings include the following:

    • In Q4 2021, public equities across many of the Industrials sectors performed in line with the broader U.S. equity market and were near all-time highs.
    • The volume of M&A activity in the Industrials sector increased significantly in Q4 2021 with 366 deals closed, compared to 300 during the previous quarter, continuing the historic pace of M&A activity during 2021. Average deal value (based on reported transaction value) declined which suggests a strong increase in activity throughout the middle market area.
    • The General Industrial Manufacturing category led M&A activity, accounting for 30.9% of total transaction volume. Polymers, Chemicals & Plastics Manufacturing deal activity remained strong with 22.4% of transaction volume.
    • Based on a representative set of publicly traded companies in the Industrials sector, public companies traded at an average multiple of 14.5x EBITDA and 2.4x revenue.

Click here for the full update.

Get in Touch

Tell us a little about yourself and we will get in touch as soon as we can.