Publications

Fashion & Apparel Market Update Q4 2025

In the fourth quarter of 2025, global fashion and apparel mergers and acquisitions (M&A) activity moderated as dealmakers balanced improving medium-term confidence with lingering macro uncertainty and year-end execution constraints.… Read More about Fashion & Apparel Market Update Q4 2025

EMS Quarterly Review Q4 2025

In Q4 2025, the electronics manufacturing services (EMS) sector finished the year with an increasingly bifurcated demand environment. Data centers remained the primary source of strength, supporting utilization and mix… Read More about EMS Quarterly Review Q4 2025

Facilities Services Market Update Q4 2025

Q4 2025 reflected a consistent volume of overall deal activity compared to Q3 2025. According to S&P Global, ~8,000 deals closed globally in Q4 2025, in line with Q3 2025… Read More about Facilities Services Market Update Q4 2025

Packaging Quarterly Review Q4 2025

Following a subdued 2024 mergers & acquisitions (M&A) market with valuation resets and prolonged political uncertainty, the packaging M&A market experienced a meaningful rebound in 2025.

Industrial Software: Spotlight on Engineering, Design & Manufacturing Software – Winter 2025 Report

Industrial Software continues to be an incredibly compelling area for investment and M&A among key investors and strategics. Learn more about our views in the space in our Industrial Software… Read More about Industrial Software: Spotlight on Engineering, Design & Manufacturing Software – Winter 2025 Report

Trends in Long-Haul Waste Transportation & Logistics

The hidden value and high potential of long-haul waste transportation & logistics is fueling capital investment and creating highly acquisitive platforms. Lincoln International’s experts partnered with Grant Thornton Stax to… Read More about Trends in Long-Haul Waste Transportation & Logistics

DACH Capital Markets 2026 Outlook

Lincoln International’s DACH Capital Advisory Group is pleased to present the latest issue of its Loan Market Update.

Chemicals Quarterly Review Q3 2025

The third quarter of 2025 included continued macroeconomic uncertainty, driven by fluctuating U.S. tariff pronouncements and legal challenges to the authority of the current administration to issue them.

November 2025 Vehicle Aftermarket Intelligence Report

Lincoln International’s automotive aftermarket team is optimistic for the sector’s momentum heading into 2026, especially following another successful SEMA / AAPEX show. Investors are demonstrating strong interest in automotive services,… Read More about November 2025 Vehicle Aftermarket Intelligence Report

Food & Beverage Market Update Q3 2025

Lincoln International is pleased to release its Q3 2025 Food and Beverage Quarterly Review. Looking back at the third quarter, the general sentiment is that middle market mergers and acquisitions… Read More about Food & Beverage Market Update Q3 2025

Sports Technology Industry Report Q3 2025

The sports technology market is expanding at an exceptional pace, driven by breakthroughs in digitalization, immersive fan experiences and performance-enhancing tools.

Transportation & Logistics Market Update Q3 2025

Global trade and logistics continue to be shaped by short-term geopolitical shocks, shifting tariff landscapes and ongoing adjustments in global production footprints.

EMS Quarterly Review Q3 2025

In Q3 2025, the electronics manufacturing services (EMS) sector showed that the normalization that began in 2024 has largely given way to an execution-focused environment. Mergers and acquisitions (M&A) activity… Read More about EMS Quarterly Review Q3 2025

Q3 2025 European Lincoln Private Market Index™

Earnings Growth Continues to Drive European Lincoln PMI, But Increasing Covenant Defaults and PIK Use Show Signs of Pressure in Private Markets The European Lincoln Private Market Index (PMI) is… Read More about Q3 2025 European Lincoln Private Market Index™

Professional & Human Capital Services Market Update Q3 2025

Mergers and acquisitions (M&A) activity for the sector grew by 4% Year-over-Year (YoY) in the third quarter, in contrast to a decrease of 20% in overall M&A transactions.

Consumer Health Quarterly Report Q3 2025

Q3 2025 has maintained the cautious-but-strategic tone in the consumer health mergers and acquisitions (M&A) landscape but with signs of selective acceleration and evolving dynamics.

Q3 2025 Lincoln Private Market Index™

Lincoln’s PMI Exhibited Steady Growth in Q3 2025, Fueled by Positive Earnings The Lincoln Private Market Index (LPMI), the only index that tracks changes in the enterprise value of U.S.… Read More about Q3 2025 Lincoln Private Market Index™

Online Retail Market Update Q3 2025

The online retail sector continued its gradual recovery through Q3 2025, supported by a steady improvement in consumer activity and disciplined margin management.

Fashion & Apparel Market Update Q3 2025

In the third quarter of 2025, the fashion and apparel mergers and acquisitions (M&A) market showed early signs of recovery but remained tempered by persistent macroeconomic uncertainty. Although overall global… Read More about Fashion & Apparel Market Update Q3 2025

Packaging Quarterly Review Q3 2025

In 2025, the packaging industry entered a new era, shifting the responsibility for sustainable and ethical choices from brands and consumers (e.g., choice of packaging for products, collection of waste,… Read More about Packaging Quarterly Review Q3 2025

Facilities Services Market Update Q3 2025

Q3 2025 marks an increase in overall deal activity compared to Q2 2025. According to S&P Global, approximately ~8,000 deals closed globally in Q3 2025, up ~3% from Q2 with… Read More about Facilities Services Market Update Q3 2025

Q2 2025 European Lincoln Private Market Index™

The European Lincoln PMI achieved slow-but-improved growth in Q2 2025 as earnings remained the key growth driver The European Lincoln Private Market Index (PMI) is the only index which tracks… Read More about Q2 2025 European Lincoln Private Market Index™

Q3 2025 Consumer Subscription Software Market Report

Online Retail Market Update Q2 2025

The online retail sector is undergoing a margin-led recovery, with EBITDA margins improving in Q2 despite softer revenue growth across both public and private companies.

August 2025 Vehicle Aftermarket Intelligence Report

Despite challenges to the broader trucking industry, including tariff uncertainty, depressed freight rates and record levels of overcapacity, demand for aftermarket repair products and services has persisted with growth underpinned… Read More about August 2025 Vehicle Aftermarket Intelligence Report