• #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

#0
global sell-side advisor to private equity*
0+
portfolio valuations performed annually
0+
transaction opinions and board advisory engagements
~0%
cross-border M&A transactions
0+
capital advisory transactions completed in past three years
0+
quotes and insights published by top tier media, reinforcing Lincoln's expertise in the private capital markets

Explore 2023 Results by Industry, Service or Transaction Type

Business Services

Consumer

Energy, Power & Infrastructure

Financial Institutions

Healthcare

Industrials

Technology, Media & Telecom

Mergers & Acquisitions

Capital Advisory

Valuations & Opinions

Cross-Border

Domestic

Connect with a Member of our Global Team

2023 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 The Timken Company 2023

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 Systems Control Hubbell Incorporated 2023

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

Abstract Graphic

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 Amerimax 2023

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

Headshot of Thilo Schomberg

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