Industry Reports

Published on: 03/25/2019
Building on strong momentum from a robust market during 2018, merger and acquisition (M&A) activity in the Value-Added Distribution industry has shown no signs of slowing down during early 2019. Supported by a strong pipeline of deals that were in process during late-2018, there have been numerous significant announced or closed transactions during Q1 of 2019. 
Published on: 03/25/2019
Water transportation remains a critical part of the US economy. Approximately 2.3 billion tons of waterborne freight were transported via the inland, coastal, and Great Lake waterways in 2018, according to Amadee+Company’s 2018 US Waterborne Freight Transportation report. With the top three players, Kirby Corporation (NYSE:KEX), American Commercial Barge Line LLC, and Ingram Barge Company, capturing just 21% of the total market share, the $16.0 billion industry is poised for continued consolidation. 
Published on: 03/22/2019
Merger & acquisition activity in the Security Solutions industry was robust in 2018 with 143 acquisitions announced or completed, more than doubling deal volume over the past five years. Strategic buyers continued to account for the majority of deal activity with a 67.8% share of total transaction volume. Private equity interest was largely composed of add-on acquisitions which accounted for 23.1% of total deal activity.
Published on: 03/20/2019
Logistics services providers are a vital component of the Transportation and Logistics (T&L) industry as shippers seek ways to swiftly navigate the increasingly complex supply chain. In 2018, third-party logistics providers (3PLs) accounted for an estimated 81% of domestic transportation, 69% of warehousing, 50% of freight forwarding and 40% of customs brokerage, according to the 2019 23rd annual Third-Party Logistics Study headed by Dr. John Langley of Pennsylvania State University. 
Published on: 03/13/2019
The latest issue of our Enterprise SaaS & Cloud Industry Report, highlighting trends in M&A, financing, IPOs and capital markets for private and public companies in the SaaS & Cloud sector, is now available.  Highlights from this report include: Record M&A activity in 2018 with 1,867 deals totaling nearly $200 billion, IPO activity was also quite strong with seven deals in Q4 2018.
Published on: 03/11/2019
The robust US economy, an 18-year high in the consumer confidence index, and the growing preference towards shopping online over physical retail locations have created favorable tailwinds for the growth of the Location-Based Logistics sector in 2018. The broader Transportation and Logistics (T&L) marketplace remains highly fragmented, and companies are competing to gain a greater share of activity by offering an all-inclusive suite of services, expanding their geographic presence, introducing innovative technology capabilities.
Published on: 03/11/2019
The Behavioral Healthcare Services industry experienced a banner year of merger and acquisition (M&A) activity in 2018. The number of transactions increased 59% year-over-year to reach a historic industry high of 97 announced or closed transactions. In addition to volume, two of the largest disclosed deals on record occurred. In a go-private bid, Centerbridge Partners agreed to acquire all outstanding shares of mental and behavioral disabilities services provider Civitas Solutions, Inc.(NYSE:CIVI) for $17.75 per share in cash.
Published on: 03/06/2019
Amid the growing economy and the tight labor market, the Healthcare Staffing industry has flourished. Healthcare added an impressive 346,000 jobs to the US economy in 2018, a 21.8% increase from the 284,000 gained in 2017, according to the US Bureau of Labor Statistics. The US is projected to see a shortage of up to 120,000 physicians by the year 2030, according to the Association of American Medical Colleges.
Published on: 03/01/2019
January 2019 marked the 29th consecutive month of manufacturing growth, according to the Institute of Supply Management (ISM). ISM’s Purchasing Managers Index, a monthly survey that indicates the economic health of the Manufacturing sector, registered 56.6%, an increase of 2.3% compared to December’s report. Drivers of growth were new manufacturing orders and expanded production which increased 6.9 and 6.4 percentage points, respectively. 
Published on: 02/27/2019
In our latest coverage report for the Pet & Animal Care Industry, we explain how humanization within the industry has been a leading catalyst for growth in the market. Consumers have shifted preferences toward premium priced products and expensive veterinary care which have resulted in an estimated $72.1 billion in US Pet industry spending in 2018, according to the most recent American Pet Products Association (APPA) figures.1 Pet food composes the majority of US spending, accounting for an estimated $29.9 billion (41.5%).