Cybersecurity Report: Q2 2022

Q2 2022 cyber mergers and acquisitions (M&A) demonstrated relative buoyancy despite broader headwinds. Cyber sector continues to show robust growth prospects, as spending drivers remain powerful.

Food & Beverage Market Update Q2 2022

The second quarter remained busy across the industry, but at a more normalized level compared to the record pace of 2021.We expect continued strength in the food and beverage deal… Read More

Q2 2022 Lincoln Private Market Index

Private Company Enterprise Values Increased Again to New Record Highs in Q2 2022 Lincoln International’s 20th edition of the Lincoln Private Market Index (Lincoln PMI) reveals that in Q2 2022,… Read More

Chemicals Quarterly Review Q2 2022

In Q2 2022, deflated performance continued broadly across the chemicals and materials sector. The industry is cautiously optimistic on a recovery despite ongoing Eastern Europe conflict, continued supply chain woes… Read More

Education Technology & Services Market Update: Q2 2022

…We can only hope that COVID-19’s impact on education mergers and acquisitions (M&A) is a little more short lived, and that we can soon re-focus on the fundamentals of the… Read More

Distribution Quarterly Review Q2 2022

Markets started to face headwinds from macroeconomic concerns and continuing problems with international supply chains and shipping lanes, a disrupted domestic labor market and the ongoing war in Ukraine; these… Read More

EMS Quarterly Review Q2 2022

While public company valuations have not increased at pace with the broader market, recent private company valuations and market activity continue to demonstrate the strength of current mergers and acquisitions… Read More

Facilities Services Market Update Q2 2022

During Q2 2022, private equity-backed facilities services companies were particularly active acquirers. Overall, we remain optimistic that the facilities services M&A market will continue to remain strong in 2022.

Packaging Quarterly Review Q2 2022

While we do not expect a large upswing in market activity heading into Q3, we remain optimistic that attractive companies will continue to garner investments from both strategic and financial… Read More

Lincoln Private Market Index Rises Amid Public Equity Market Volatility

Private markets experience growth despite public market volatility, macroeconomic headwinds and continued uncertainty The private markets exhibited marked resiliency in Q1 2022 despite declines in the public markets. The Lincoln… Read More

Q1 2022 Lincoln Senior Debt Index

The two primary risks in this asset class are interest rate risk and credit risk. For the quarter ending March 31, 2022, the LSDI return was 0.8%, of which quarterly… Read More

Cybersecurity Industry Review: Q1 2022

Q1 2022 continued the dealmaking momentum of 2021, with M&A and fundraising volumes materially higher than Q1 2021, though below the torrid pace of Q4.

Food & Beverage Market Update Q1 2022

While the U.S. continues to see meaningful progress from the pressures of the pandemic, other issues have risen to challenge supply chains and the labor market.

EMS Quarterly Review Q1 2022

Despite ongoing global challenges of inflation, security and supply chain shortages, deal activity in the EMS sector remains robust and relatively consistent in terms of transaction volumes from the last… Read More

Distribution Quarterly Review Q1 2022

North American distribution deal announcements dropped approximately 27% from Q4 2021 levels, however, relative to Q1 2021, deal volume in Q1 2022 decreased by approximately 3%.

Education Technology & Services Market Update: Q1 2022

After taking a short breather early in Q1, overall mergers and acquisitions (M&A) activity resumed apace in the second half of the quarter. Activity in the education market has been… Read More

Chemicals Quarterly Review Q1 2022

Q1 2022 saw relatively choppy performance across the chemicals and materials sector as the conflict in Eastern Europe, continued tight supply chain dynamics and ongoing COVID-19 pandemic impacted the sector.… Read More

Facilities Services Market Update Q1 2022

After a record-breaking end to 2021, mergers and acquisitions (M&A) activity cooled slightly at the start of 2022. Through Q1 2022, approximately 9,800 transactions closed globally, according to S&P Global.

Packaging Quarterly Review Q1 2022

While it may not be another record year, we still expect a highly active market through 2022 as strategic corporates seek to opportunistically accelerate growth and financial sponsors continue to… Read More

Cybersecurity Year-end Report: Full Year 2021

2021 was a record year, by a wide margin, for cybersecurity mergers and acquisitions (M&A) and investment volumes – propelled by strong valuations and a material rise in transaction sizes.

Q4 2021 Lincoln Senior Debt Index

The two primary risks in this asset class are interest rate risk and credit risk. For the quarter ending December 31, 2021, the Lincoln Senior Debt Index return was 1.4%,… Read More

Distribution Quarterly Review Q4 2021

The distribution sector mirrored the larger economy and financial markets in Q4; publicly listed companies remained at lofty valuations and M&A activity remained steady as both sellers and buyers sought… Read More

Lincoln’s Valuations Database Request

Every quarter, Lincoln’s Valuations & Opinions Group values between 1,600 to 1,800 privately held companies owned by private equity groups. At the end of every quarter Lincoln anonymizes and aggregates… Read More

Chemicals Quarterly Review Q4 2021

During Q4 2021, Lincoln’s chemicals and materials indices and S&P 500 ended slightly higher relative to the end of Q3 2021 levels. The 2022 industry forecasts expect significant growth in… Read More

Education Technology & Services Market Update: Q4 2021

2021 met and then quickly exceeded all forecasts for M&A activity in the education technology and services market. Across the board, from venture funding to IPOs to the volume of… Read More