Contributors
I am a rigorous advocate for my clients with a hands-on, communicative approach and provide industry and financial expertise to deliver external perspective and outstanding results.
Luke Webb
Managing Director & Co-Head of Business Services, U.S.
Chicago
Packaging Quarterly Review Q4 2023
Mergers and acquisitions (M&A) markets closed Q4 2023 in a similar vein to previous quarters, with a decline in completed deals. The packaging market closely followed suit, also experiencing a… Read More
Facilities Services Market Update Q4 2023
After a series of declining quarters since 2021, Q4 2023 marks the first uptick in mergers and acquisitions (M&A) activity in nearly two years, with approximately 7,000 deals closed, according… Read More
Q3 2023 Lincoln Senior Debt Index
Lincoln International is pleased to release the quarterly Lincoln Senior Debt Index (LSDI). The LSDI represents years of research and analysis of data and was developed by professionals from Lincoln’s… Read More
Distribution Quarterly Review Q3 2023
M&A activity in the distribution sector generally reflected the same themes as the broader M&A market (both in the U.S. and Europe), though Q3 deal activity in distribution was more… Read More
Chemicals Quarterly Review Q3 2023
The economy exhibited modest growth over the summer, both fueling concerns about a potential recession and nurturing hopes that it might be averted. After two consecutive quarters of contraction, the… Read More
Food & Beverage Market Update Q3 2023
The third quarter saw an uptick in new deal launches while overall market activity compared favorably to Q2. Though many believe the Federal Reserve is done raising interest rates, overall… Read More
Cybersecurity Report: Q3 2023
Q3 2023 cybersecurity M&A and investment deal volumes increased from the previous quarter for the first time in 2023, while cyber public share price performance improved as valuations and profit… Read More
Q3 2023 Lincoln Private Market Index
Lincoln Private Market Index Increases Marginally on Higher Fundamental Performance Despite Multiple Pressure The Lincoln Private Market Index (Lincoln PMI) reveals that in Q3 2023, private market enterprise values (EVs)… Read More
EMS Quarterly Review Q3 2023
In Q3 2023, the EMS industry continued to navigate uncertainty in the market. While improving, geopolitical conflict, inflation and supply chain disruptions impacted EMS operations. Simultaneously, rising material and labor… Read More
Facilities Services Market Update Q3 2023
After a series of record-breaking quarters throughout 2021, Q3 2023 marks another deceleration in mergers and acquisitions (M&A) activity, with approximately 6,800 deals closed, according to S&P Global. This represents… Read More
Packaging Quarterly Review Q3 2023
We anticipate deal flow will start to open up in Q4, with more notable activity starting in 2024 as previously unfavorable macroeconomic factors begin to re-align with a more fruitful… Read More
Information Technology Services Mid-Year 2023 Report
For the first half of 2023, the number of M&A transactions in the global IT Services sector totaled 589, compared to 735 in H2 2022, representing a notable decline of… Read More
Cybersecurity Report: Q2 2023
Consecutive quarterly sector mergers and acquisitions (M&A) deal activity rose in Q2 2023 to 54 cybersecurity transactions, from 49 in Q1 2023. Q2 M&A volume of $2.4 billion was roughly… Read More
Food & Beverage Market Update Q2 2023
Looking back on the second quarter, market conditions improved. A temporary pause in interest rate hikes (with two more expected this year), rising equity markets and improved availability of credit… Read More
Chemicals Quarterly Review Q2 2023
Equities rallied in Q2 2023, with the S&P 500 gaining 16.9% year-to-date through June, driven primarily by artificial intelligence (AI)-fueled enthusiasm for large-cap technology stocks. The chemicals sector has been… Read More
EMS Quarterly Review Q2 2023
In Q2 2023, the EMS industry continued to navigate the challenges from supply chain disruptions. While component shortages have lessened the ripple effects of both long-lead time items and inventory,… Read More
Distribution Quarterly Review Q2 2023
Though the public markets regained momentum and global M&A stabilized in Q2, deal activity in the distribution sector, along with the North American private market more broadly, lagged.
Q2 2023 Lincoln Senior Debt Index
Lincoln International is pleased to release the quarterly Lincoln Senior Debt Index (LSDI). The LSDI represents years of research and analysis of data and was developed by professionals from Lincoln’s… Read More
Q2 2023 Lincoln Private Market Index
Lincoln Private Market Index Gains Ground Amidst Steady Private Company Growth The Lincoln Private Market Index (Lincoln PMI) reveals that in Q2 2023, private market enterprise values increased 2.3%. This… Read More
Packaging Quarterly Review Q2 2023
We’re expecting to see a conservative pickup in M&A activity throughout the second half of 2023.
Facilities Services Market Update Q2 2023
Overall, we remain optimistic that the facilities services M&A market will gain momentum in 2023 for both financial and strategic buyers.
Food & Beverage Market Update Q1 2023
As we reflect on the first quarter, turbulent market conditions persisted. Two fed interest rate hikes (more modest than the six prior) and further questions around economic conditions and credit… Read More
Education Technology & Services Market Update: Q1 2023
As it has for more than 10 years (COVID-19 aside), April once again was home to the education mergers and acquisitions (M&A) market’s largest annual gathering of executives, investors and… Read More
Q1 2023 Lincoln Senior Debt Index
Lincoln International is pleased to release the quarterly Lincoln Senior Debt Index (LSDI). The LSDI represents years of research and analysis of data and was developed by professionals from Lincoln’s… Read More
Distribution Quarterly Review Q1 2023
Distribution outperformed the broader M&A market with growth in M&A volume, despite a decrease in activity across the broader market, as bright spots remained in sectors demonstrating resilient performance with… Read More