-
#1
globally for all private equity exits for the second year in a row*
Highlights and statistics appear below
Lincoln International remains committed to delivering real connection and true perspective to our clients around the world. Through a keen focus on agility, designing strategic solutions and collaborating as a tightly integrated global team, we helped our clients successfully navigate challenging markets to realize their business objectives.
Our collective efforts resulted in more than 300 closed transactions across Mergers & Acquisitions, Capital Advisory, Private Funds Advisory and Valuations & Opinions. Nearly 50% of M&A deals advised were cross-border – bolstered by dealmaking in Europe. These numbers reinforce the criticality of a strong, global platform with connected and collaborative professionals and continued investor enthusiasm for realizing strategic growth beyond their own geography.
While we optimistically welcome a new year and anticipated return to dealmaking levels, we are particularly proud of the following 2023 achievements:
- Record performance and growth of our global Valuations & Opinions Group, which achieved a 20% increase in portfolio valuations performed, 28% increase in transaction opinions delivered, 50% increase in complex financial instrument valuations performed and recurring recognition by clients and media around the world for its proprietary data and insights about the private capital markets.
- Record performance of our global Capital Advisory Group by providing creative and alternative financing solutions to clients in order to secure capital for investments, staving off defaults, restructuring businesses and navigating distressed situations and bankruptcies, and developing structured capital solutions.
- Record performance of our Private Funds Advisory Group completing GP-led transactions and primary capital fundraises during their first full year on the Lincoln platform.
These successes and countless others are thanks to the hard work of our global team of 950+ professionals and the trust clients like you place in us as advisors. We look forward to a bright year ahead and continued leadership in the private capital markets.
*Source: Mergermarket; represents all sell-side private equity exits announced globally in 2023
Explore 2023 Results by Industry, Service or Transaction Type
Business Services
Consumer
Energy, Power & Infrastructure
Financial Institutions
Industrials
Technology, Media & Telecom
Capital Advisory
Valuations & Opinions
Cross-Border
Connect with a Member of our Global Team
I am a rigorous advocate for my clients with a hands-on, communicative approach, focused on delivering intense advocacy and outlier results.
Sean Bennis
Managing Director & Global Head of Industrials
Chicago
I am enthusiastic about creating sustainable growth and the highest value for our clients and strive to leave a positive footprint beyond any successful M&A transaction.
Friedrich Bieselt
Managing Director & Head of Business Services, Europe
Frankfurt
I enjoy leading clients and realizing their objectives, while structuring solutions to issues that are both intriguing and challenging.
Øyvind Bjordal
Managing Director & Head of Switzerland
Zurich2023 Global Results
Sustainability in Focus for Packaging M&A
The packaging industry faces a paradigm shift amidst a growing public conversation on climate change and, as a result, the concerted endeavors of governments worldwide to regulate single-use packaging and… Read More
Lagersmit has been sold to The Timken Company
Lagersmit Lagersmit is a Netherlands-based manufacturer of highly engineered sealing solutions for demanding marine, dredging, water, tidal energy and other industrial applications. The company, founded in 1856, serves a global,… Read More
Transition Capital Partners has sold Petroflex to Arcane Capital Partners and related portfolio subsidiaries
Petroflex North America Founded in 1983, Petroflex North America is a leading manufacturer of smooth wall conduit, cable-in-conduit, corrugated innerduct and other related products serving customers across the utility /… Read More
Shorehill Capital LLC has sold Power Grid Components Holdings, Inc. to Blackstone
Power Grid Components, Inc. Power Grid Components Holdings, Inc. (“PGC” or the “Company”) is a leading provider of mission-critical substation products serving electric utilities, original equipment manufacturers and other customers… Read More
Comvest Investment Partners has sold Systems Control to Hubbell Incorporated
Client: Comvest Investment Partners Client Location: United States Target: Systems Control Target Location: United States Acquirer: Hubbell Incorporated Acquirer Location: United States Target Description: Systems Control is a designer and manufacturer of customized,… Read More
Five Key Insights from Agritechnica Trade Fair – A Full House in Hanover
Record crowds in Germany and exhibit halls full of new products suggest the agricultural equipment industry has a bright future Lincoln International’s industrials team was well represented at this year’s… Read More
Best Practices for Preparing a Corporate Carve Out
While macroeconomic challenges and rising interest rates correlate to a slowdown in mergers and acquisitions, corporate carve out transactions often see significant upticks during times of economic uncertainty as businesses… Read More
Wind Point Partners has acquired Central Moloney Incorporated
Central Moloney Incorporated Central Moloney Incorporated (CMI), is a leading manufacturer of critical infrastructure products for the U.S. electrical grid. CMI is a valuable partner to leading utilities throughout the… Read More
Windjammer Capital Investors has acquired Axh Air-Coolers, LLC
Client: Windjammer Capital Investors Client Location: United States Target: Axh Air-Coolers, LLC Target Location: United States Acquirer: Windjammer Capital Investors Acquirer Location: United States Target Description:A leading provider of highly engineered… 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
Rivean Capital has sold ELCEE Group to Torqx Capital Partners
ELCEE Group ELCEE Group is the go-to fabless supplier of mission-critical engineered and standard mechanical components and assemblies for leading manufacturing industries in Northwest Europe. ELCEE has an end-to-end proposition… Read More
OmniMax International has sold Amerimax Fabricated Products to a family office
Client: OmniMax International Client Location: United States Target: Amerimax Fabricated Products Target Location: United States Acquirer: Family office Acquirer Location: Netherlands Target Description: Amerimax Fabricated Products provides a comprehensive suite of solutions and components… Read More
Wise Equity, in collaboration with its portfolio company FIMO Group, has acquired a majority interest in WANHO
WANHO Headquartered in Cheshire, Connecticut, WANHO is a leading provider of spec’d-in, high-value components, supported by value-added supply chain services, to original equipment manufacturers (OEMs) and distributors in the wireless… Read More
Gemspring Capital has acquired Fenceworks, Inc.
Client: Gemspring Capital Client Location: United States Target: Fenceworks. Inc. Target Location: United States Target Description: Fenceworks, Inc. is a provider of fencing products intended to serve single-family homebuilders, commercial… Read More
Recycled Plastics Market Draws Investor Attention
Not a day goes by without the announcement of a new regulatory, industrial, or commercial initiative relating to the European circular economy, making it a major topic for corporates and… Read More
centrotherm clean solutions has been sold to Busch Vacuum Solutions
centrotherm clean solutions centrotherm clean solutions is a leading manufacturer of point-of-use waste gas abatement solutions for the semiconductor industry. Covering the entire spectrum of waste gas cleaning technologies with… Read More
Industrial Growth Partners has sold CLIMAX to Specialized Fabrication Equipment Group, a portfolio company of Gladstone Investment
CLIMAX CLIMAX is a leading global designer and manufacturer of portable machine tools, welding systems and valve testing and repair systems used for non-discretionary, on-site, high-precision machining of critical infrastructure… Read More
TriWest Capital Partners has sold ZyTech Building Systems to RONA, a portfolio company of Sycamore Partners
ZyTech Building Systems ZyTech Building Systems is a leading designer, manufacturer and distributor of roof trusses, wall panels, floor systems, prefabricated stairs and lumber packages in the Prairie Provinces of… 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
Thilo Schomberg
Thilo provides mergers and acquisitions advisory services to private equity firms, small and medium-sized enterprises and large-cap multinational corporations in the industrials industry, with a focus on automotive and mobility… Read More
Convent Capital has sold CROWD to Tikehau Capital
CROWD CROWD is the leading pan-European provider of premium, circular and technology-enabled cycling infrastructure and street furniture products. In addition, the company offers installation and maintenance services and bespoke product… Read More
Stone Arch Capital has sold East Iowa Machine Company to Steel Technologies
East Iowa Machine Company East Iowa Machine Company (EIMCo) is a solutions-oriented advanced manufacturer of high value-add metal components and assemblies for diverse end markets, including infrastructure, material handling, semiconductor,… Read More
Grupo Tigre has sold Fabrimar to Romar Metais
Fabrimar Founded in 1960, Fabrimar manufactures and sells kitchen and bathroom fixtures in Brazil, with a significant market share and a solid position as a top five player in the… Read More
The Beekman Group has sold GED Integrated Solutions to MSouth Equity Partners
GED Integrated Solutions GED Integrated Solutions is an industry leader in the design and manufacture of insulated glass, vinyl window and pre-hung door equipment. GED offers a broad portfolio of… Read More