Q1 2023 E-Commerce Industry Update
Back to news articles
GCG’s Q1 2023 E-Commerce 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 Q1 2023, there were 53 announced E-Commerce transactions, down from 55 in Q4 and down from 117 in the prior year’s Q1. Both deal volume and average deal value decreased in Q1; the average deal value was $42 million in Q1, down from $365 million in Q4 2022.
- The market is highly fragmented due to the presence of many players and is expected to face extreme competition in the coming years.
- United States Direct-to-Consumer (“D2C”) E-commerce sales are expected to reach $213 billion in 2024, sustaining the growth driven by the pandemic beginning in 2020.
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.
Recent News Articles
Q3 2024 Automotive/AutoTech Industry Update
Industry Update
GCG’s industry updates offer a data-driven analysis on transaction volumes and values, activity by sector and private equity deal flow.
GCG Advises on the sale of Eos Business Surveillance Solutions to Security 101
Latest News
GCG is pleased to announce its role as the exclusive financial advisor to Eos Business Surveillance Solutions on its sale to Security 101, a portfolio company of Gemspring Capital.
Q3 2024 Middle Market M&A Update
Industry Update
GCG’s Middle Market M&A Update provides an overview of the latest trends in the market, including the recent performance of select sectors and the state of the middle market M&A environment.