Investment Bank for Business Services Clients
We provide customized solutions and strive to achieve optimal results for clients who develop and deliver services to end users in a variety of industry verticals.
60+
business services transactions completed in 2023
58%
business services M&A transactions with private equity acquirers in 2022
Committed to Serving Our Clients
As a leading investment banking advisory firm, we are immersed in the constantly evolving, rapidly growing service-based economy. Our breadth of transactional, operational and technical experience enables us to intuitively communicate the underlying dynamics in key subsectors and generate the excellent outcomes for our clients’ individual needs.
Sector Focus
Distribution
- Automotive and Truck
- Building Products
- Chemicals
- Consumer Products
- Electrical / Electronics
- Food / Foodservice
- Healthcare
- Industrial
- IT / Communications Equipment
- Jan/San
- Office Supplies
- Plastics and Packaging
Education Services
- Alternative Education
- Continuing Education & Certification
- Data Analysis Tools
- Digital Content & Curriculum
- For-Profit Education
- LMS / CMS / SIS
- Outsourced Support Services
- Personalized Learning Tools
- Training & Education
- Value-Added Content Publishing
Facilities & Commercial Services
- Cleaning
- Electrical & Mechanical
- Fire & Life Safety
- Food
- HVACR
- Landscaping
- Laundry & Linen
- Parking
- Pest Control
- Printing & Graphics
- Security & Safety
Financial Institutions & Services
- Asset Management
- Asset Servicing
- Insurance Services
- Insurance Underwriting
- Payments
- Specialty Finance
- Traditional Banking Products & Services
- Wealth Management
Government Services
Infrastructure, Utility & Industrial Services
- Data Centers
- Electric & Gas Utilities
- Energy
- Environmental
- Marine
- Outsourced Repair, Maintenance & Overhaul
- Power Management & Efficiency
- Railways
- Rental
- Specialty Construction & Contracting
- Test, Measurement & Certification
- Telecom, Fiber & Data
- Transportation
- Water & Wastewater
IT Services
- Cloud & IT Infrastructure
- Digital Transformation
- Integration
- Outsourced Software Development
- Reselling
- Managed Services
- Unified Communications & Networking
Transportation & Logistics Services
- Aviation Services
- Contract Logistics
- Cross Border Logistics
- eCommerce Logistics
- Freight Brokerage
- Freight Forwarding
- Healthcare / Pharma Logistics
- Managed Transportation
- Marine Services
- Middle / Final Mile Logistics
- Rail Services
- Reverse Logistics
- Specialized Trucking
- Supply Chain Technology
- Technology & Software
- Temperature Controlled Logistics
- Time Critical Logistics
- Warehousing & Fulfillment
Marketing & Information Services
- Agency Services
- B2B / B2C Media
- Business Intelligence
- Commerce Enablement
- Consumer Loyalty & Engagement
- Customer Acquisition & Performance-Based Marketing
- Data Management & Analytics
- Digital Advertising & Marketing
- Experiential Marketing & Events
Professional & Human Capital Services
- Business & Knowledge Process Management
- Consulting
- Engineering
- Finance & Accounting
- Legal
- Research & Scientific
- Governance, Risk & Compliance
- Staffing & Search
- Talent Management & Development
Lincoln was everything that we thought they would be when we hired them to run our sale process. Finding a partner that would fit our culture was of the utmost importance and Lincoln delivered on this objective as well as all of our goals.
Perspectives & Publications
![](https://cdn.lincolninternational.com/wp-content/uploads/Market-Update-Header__FS-Q1-880x240.jpg)
Facilities Services Market Update Q2 2024
After a series of declining quarters since 2021, Q2 2024 marks the third consecutive quarter of mergers and acquisitions (M&A) activity growth, with ~7,300 deals closed, according to S&P Global.… Read More
![](https://cdn.lincolninternational.com/wp-content/uploads/shutterstock_2287775613_Feature-1-880x240.jpg)
The Loadstar | Mid-Year M&A Snapshot: Contract Logistics in the Driving Seat
Originally posted by The Loadstar on July 19, 2024. Following stable demand during 2023, the contract logistics sector is expected to increase by over 4% globally in 2024 in real… Read More
![](https://cdn.lincolninternational.com/wp-content/uploads/pixabay-7170513_Feature-880x240.jpg)
Filtering the Noise: a Deep Dive into IT Services’ Key Valuation Drivers
This article was first published by TMT Finance on 9 July 2024: Filtering the noise: a deep dive into IT services’ key valuation drivers | TMT Finance The information technology… Read More
![](https://cdn.lincolninternational.com/wp-content/uploads/Market-Update-Header__Distribution-Q1-880x240.jpg)
Distribution Quarterly Review Q1 2024
Public equities in Q1 2024 continued the positive momentum of Q4 2023, accelerated by impressive earnings releases particularly from the technology and energy sectors that benefited from strong artificial intelligence… Read More
Recent Transactions In Business Services
American & European Business Services Group Heads
![](https://cdn.lincolninternational.com/wp-content/uploads/Iannelli_Michael_616.jpg)
The transactions we work on are often trajectory-altering, with high stakes and pressure to get it right. We know our work, however challenging in the moment, is going to be impactful.
Mike Iannelli
Managing Director & U.S. Co-head of Business Services
Chicago![](https://cdn.lincolninternational.com/wp-content/uploads/Mehta_Saurin_616.jpg)
As a trusted advisor, my role is to listen, create options and pursue the path that best achieves a client’s total objectives.
Saurin Mehta
Managing Director & U.S. Co-head of Business Services
Chicago![Friedrich Bieselt](https://cdn.lincolninternational.com/wp-content/uploads/Bieselt_Friedrich_616.png)
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 & European Head of Business Services
FrankfurtMeet Our Senior Team with Business Services Expertise
![Friedrich Bieselt](https://cdn.lincolninternational.com/wp-content/uploads/Bieselt_Friedrich_616.png)
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 & European Head of Business Services
Frankfurt![](https://cdn.lincolninternational.com/wp-content/uploads/Iannelli_Michael_616.jpg)
The transactions we work on are often trajectory-altering, with high stakes and pressure to get it right. We know our work, however challenging in the moment, is going to be impactful.
Mike Iannelli
Managing Director & U.S. Co-head of Business Services
Chicago