• #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*
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portfolio valuations performed annually
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transaction opinions and board advisory engagements
~0%
cross-border M&A transactions
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capital advisory transactions completed in past three years
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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

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Connect with a Member of our Global Team

2023 Global Results

The Loadstar | When Consolidation Pressure Meets a Cautious Outlook: M&A in 2024

Originally posted by The Loadstar on December 12, 2023. In 2023, global growth was limited by escalating geopolitical conflicts and central bank actions to combat inflation and soaring energy costs,… Read More

Creadev has sold Abilways to Skola

Client: Abilways Client Location: France Target: Abilways Target Location: France Acquirer: Skolae Acquirer Location: France Target Description: Abilways provides vocational training services to professionals and individuals.

Dunes Point Capital has sold Best in Class Technology Services to Investcorp

Client: Best In Class Technology Services Client Location: United States Target: Best In Class Technology Services Target Location: United States Acquirer: Investcorp Acquirer Location: United States Target Description: Best In… Read More

Altamont Capital Partners Bishop Lifting Products, Inc 2023

Altamont Capital Partners has refinanced Bishop Lifting

Client: Altamont Capital Partners Client Location: United States Target: Bishop Lifting Target Location: United States Target Description: Bishop Lifting is a leading specialty industrial distributor of mission-critical lifting and safety products and services.

Shareholders have sold a stake in H&Z Management Consulting to EMZ Partners

Client: H&Z Management Consulting Client Location: Germany Target: H&Z Management Consulting Target Location: Germany Acquirer: EMZ Partners Acquirer Location: France Target Description: H&Z Management Consulting provides management consulting services in… 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

Touchfuse has been sold to White Glove, a portfolio company of RockBridge Growth Equity

Client: TouchFuse Client Location: United States Target: TouchFuse Target Location: United States Acquirer: White Glove Acquirer Location: United States Acquirer Sponsor: Rockbridge Growth Equity Acquirer Sponsor Location: United States Target Description: TouchFuse is… Read More

EMZ Partners has sold ASSEPRO to The Ardonagh Group

ASSEPRO ASSEPRO is Switzerland’s leading insurance broker in the small and medium-sized enterprise (SME) market, offering comprehensive services in the areas of insurance, risk, pensions and legal advice with more… Read More

Gate Invest has sold AB&C Groep to EPSA

AB&C Groep AB&C Groep is a fast-growing professional services platform offering a range of complementary specialist services to the governmental, education, semi-public, healthcare and private end markets through seven offices… Read More

Scheybeeck has sold a majority stake in BUKO Traffic & Safety to Equistone

BUKO Traffic & Safety BUKO Traffic & Safety is the largest traffic and safety management solution provider in the Netherlands, operating two complementary activities. Its largest business unit, BUKO Infrasupport,… 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

Transport Topics | Mergers and Acquisitions Market Begins to Accelerate

Originally posted by Transport Topics on November 13, 2023. Mergers and acquisitions (M&A) activity is anticipated to rise, given the stabilization of economic challenges and the adaptation of industry players… Read More

Green Mobility Holding Rivean Capital DPE O2o Bicycle Leasing 2023

Green Mobility Holding, a portfolio company of Rivean Capital and Deutsche Private Equity, has acquired o2o Bicycle Leasing

Client: Green Mobility Holding Client Location: Germany Target: o2o Bicycle Leasing Target Location: Belgium Acquirer: Green Mobility Holding Acquirer Location: Germany Target Description: o2o Bicycle Leasing offers bicycle leasing for employers and employees.

HCI Equity Partners has sold Tech24 to Vestar Capital Partners

Client: HCI Equity Partners Client Location: United States Target: Tech24 Target Location: United States Acquirer: Vestar Capital Partners Acquirer Location: United States Target Description: Tech24 is the leading provider of… Read More

OceanSound Partners has completed a single asset continuation vehicle transaction involving SMX Group, LLC

Client: OceanSound Partners Client Location: United States Target: SMX Group, LLC Target Location: United States Target Description: SMX Group, LLC (“SMX”) is an industry leader providing digital solutions for mission-oriented… 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

FRS has agreed to sell its subsidiary FRS Iberia with operations in the Strait of Gibraltar to DFDS

FRS Iberia Group FRS Iberia Group, founded in 2000 and headquartered in Tarifa, Spain, is a leading ferry operator in the Strait of Gibraltar for passenger and freight operations, being… Read More

Incline Equity Partners has sold ARMStrong Receivable Management to BharCap Partners

ARMStrong Receivable Management Based in Itasca, Illinois, ARMStrong Receivable Management is North America’s leading provider of commercial business-to-business accounts receivable management and related services. Specializing in insurance services, ARMStrong’s offerings… Read More

iLink Digital has received an equity investment from True North

iLink Digital iLink Digital is a global provider of next-generation digital transformation solutions. Leveraging its 2,500 strong consulting and digital engineering talent spread across 18 offices in eight countries, iLink… 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

Chequers Cheops Technology Indufin 2023

Chequers has entered into a strategic partnership with leading Belgian Managed Services Provider Cheops

Cheops Cheops is a market-leading Belgian Managed Services Provider (MSP), offering a comprehensive set of business-critical information technology (IT) services and processes ranging from infrastructure and cloud to modern workplace,… Read More

Mill Point Capital has refinanced Verinext

Verinext Verinext is an architecture-led technology consultancy and reseller that designs, delivers and supports enterprise technology solutions to help clients build next-generation information technology infrastructure and provide a full digital… Read More

Incline Equity Partners has sold Foundation Source to GTCR

Client: Foundation Source Client Location: United States Target: Foundation Source Target Location: United States Acquirer: GTCR Acquirer Location: United States Target Description: Foundation Source is a provider of outsourced administrative services intended to… Read More

Headshot of Ferdinand von Marx

Ferdinand von Marx

Ferdinand provides mergers and acquisitions (M&A) advisory services to clients in the business services and industrials sectors. He works closely with buyers and sellers across the globe on domestic and… Read More