In the last 90 days, M&A professionals researched and marketed 438 opportunities via AxialMarket, comprising $7B in Revenue and over $550M in EBITDA. These members, including super-regional investment banks, boutique M&A advisory firms and M&A consultants, have already delivered 144 opportunities, totaling over $2.8B in Revenue and $305M in EBITDA.
In the last 90 days, deal flow within consumer services increased 116% to 13% of overall deal flow activity. Additionally, deal flow within healthcare increased 70% to 17%, and IT deal flow increased 55% to 14 percent. Telecommunications demonstrated a decrease in deal flow activity to two percent from 7.5% of overall marketplace activity.
Based on corporate and financial buyer activity on the platform, capital goods saw the greatest amount of overall activity, with opportunities in this vertical accounting for 27% of all buyer activity. In addition, healthcare continues to see an increase in buyer activity over the past 90 days.
Activity within retail and consumer services doubled over the previous 90 days to 10% and six percent respectively. Consumer services saw the largest decline in interest from buyers.
Opportunities in the materials sector saw the greatest amount of interest on a per opportunity basis, with healthcare following in per unit activity. Retail experienced a large increase in per-deal activity of 86% and consumer goods (separate from consumer services) increased 45 percent. Energy saw the largest decline in per opportunity activity.
Currently, AxialMarket buyers seek to make acquisitions within industrials (67%), which includes capital goods, commercial and professional services, and transportation & logistics, followed by consumer discretionary (55%). Ninety-one percent of AxialMarket buyers indicate their desired revenue range for target acquisitions fall between $25M and $75M. Additionally, many of those buyers explore smaller opportunities, ranging from $3 million to $20 million. Fifty-nine new buyers joined AxialMarket over the last 90 days, including 22 financial buyers and 37 strategic buyers .
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