Industry Reports

Introduction  The material handling landscape is experiencing a meaningful shift, with conveyor systems emerging as an important driver of efficiencies and innovation in logistics and manufacturing. Carleton McKenna & Co’s 3Q 2024 Material Handling Industry Report explores the conveyor systems market which remains on track for continued expansion opportunities, offering providing attractive prospects for investors…

Medtech Innovations and Capital Influx The healthcare and medtech sectors have undergone notable transformations in early 2024, driven by increased venture capital funding, strategic private equity investments, and a surge in mergers and acquisitions (M&A). These sectors have seen significant activity, particularly in the medtech space, where late-stage deals have fueled substantial growth. Key innovations,…

Industry Dynamics The material handling and process equipment industry is experiencing significant shifts, driven by the accelerating pace of automation and the growing demand for efficiency across various sectors. The industry, traditionally fragmented, has seen a consolidation trend as companies strive to offer integrated solutions and adapt to the evolving needs of their customers. The…

Market Shifts and Strategic Opportunities The construction and engineering sector is navigating a period of transformation, influenced by significant market trends and economic conditions. As private equity firms accumulate substantial dry powder, the potential for increased M&A activity looms large, especially as economic conditions stabilize. This capital influx is expected to drive valuations higher for…

Market Rebound and Issuance Trends The leveraged finance market witnessed a significant recovery in Q4 2023, with US institutional loan issuance reaching approximately $60 billion in December, the highest monthly level since 2021. This resurgence helped mitigate the overall decline in 2023 volumes, which were down 17.3% year-over-year in the US and 10.2% in Europe.…

Rising Demand and Regulatory Challenges Growing demand for Professional Employer Organization (“PEO”) services is particularly evident among small and medium-sized businesses (“SMBs”) that seek to outsource their HR and administrative functions. This surge is driven by the increasing complexity of managing HR tasks in-house, along with the benefits PEOs offer in terms of cost savings,…

Industry Recovery and Market Growth The industrial distribution sector is showing resilience as it continues to recover from the disruptions caused by the COVID-19 pandemic. By mid-2023, industrial production levels had largely rebounded to pre-pandemic standards, highlighting the sector’s adaptability in the face of global challenges. The global industrial distribution market, which was valued at…

Market Growth and Consumer Spending The pet industry has experienced robust growth, driven by increased pet adoption rates during the pandemic and a surge in consumer spending on pet care and products. In 2023, the industry saw significant expansion, with total spending on pet supplies, food, and services reaching record levels. This trend is expected…

Navigating Middle Market Economic Headwinds The Middle Market private equity space faced significant challenges in 3Q 2023 as rising interest rates and limited access to debt created bottlenecks in deal-making. Despite these hurdles, the sector still managed to close deals, though at lower multiples and valuations. A notable trend was the increased activity in founder-owned…

Selective Thirst Leads to Strategic M&A The craft brewery and alcoholic beverage industry saw continued consolidation in 4Q23, driven by strategic buyers aiming to expand geographic reach, diversify product portfolios, and enhance production capabilities. Large and regional brewers, as well as non-craft businesses like Tilray and Bayou City Hemp, are entering the craft market, signaling…