Industry Reports

Published on: 03/02/2021
COVID-19 headwinds and the historically high unemployment rate have fostered bifurcated demand in the HR & Staffing Services industry.  Companies serving noncyclical end markets such as Healthcare and IT have experienced continued demand amid the pandemic, while HR & Staffing companies serving industries that have suffered like Retail, have experienced decreased demand.  Although 2020 deal volume is down substantially year-over-year (YOY), the HR & Staffing Services industry experienced a mild resurgence in Q4 transaction volume lending to a favorable outlook for 2021.
Published on: 02/26/2021
Capstone Headwaters, in collaboration with its international IMAP partners, has published its 2021 Global Financial Services report, available for download below. The report offers global perspectives on the industry including:
Published on: 02/25/2021
The report overviews the short- and long-term effects of the COVID-19 pandemic and discusses which subsectors will be most impacted, both positively and negatively. The report also shares: Key themes disrupting the industry, including payments, digitalization, lending, and mobile. How trends have impacted merger and acquisition (M&A) activity and valuations. An overview of the most active players, as well as expectations for the industry moving forward.
Published on: 02/25/2021
The report shares perspectives from top leaders around the world on topics including: Why it’s necessary for governments to continue to bridge the infrastructure gap generated by recent global underinvestment. What trends are impacting the merger and acquisition (M&A) landscape now and moving forward.   Who the key players and investors are in the market.
Published on: 02/23/2021
Capstone Headwaters has released its most recent Warehousing & Fulfillment Industry Update, available for free download below. COVID-19’s acceleration of e-commerce sales has heightened demand for warehousing and fulfillment operations, driving increased merger and acquisition (M&A) activity and valuations of industry operators. Capstone predicts 2021 to be an active transaction year as companies adjust to the post-COVID supply chain environment.   
Published on: 02/19/2021
Merger and acquisition (M&A) activity moderately increased in 2020, with 111 transactions compared to 103 in 2019.  Notably, while other industries experienced a steep pandemic-driven drop-off in deal activity during Q2, the Behavioral Healthcare Services industry remained relatively stable. The industry is expected to see strong growth in 2021, as COVID-19 has proved not only a physical health crisis, but a mental health crisis as well due to prolonged lockdowns, job losses, and social isolation.  
Published on: 02/18/2021
Despite the sharp slowdown in 2020 deal volume, 2021 presents favorable tailwinds as the economic recovery continues. Strategic buyers, accounting for 58% of total deal activity, have displayed increasing appetite to resume M&A initiatives to bolster geographic reach and value-added distribution capabilities. Private equity firms accounted for 42% of deal activity in 2020, largely consisting of add-on transactions to stimulate inorganic growth in existing portfolio companies.
Published on: 02/18/2021
In 2020, Building Energy Management (BEM) companies continued to accelerate the convergence of operation technology (OT) and information technology (IT), creating competitive advantages for those that provide technology-driven platforms and solutions.  The shift toward digitized offerings has played a significant role in sustainability initiatives and has fostered significant investment from strategic buyers looking to utilize real-time data analytics and automation to effectively reduce utility costs and deliver eco-friendly energy utilization.
Published on: 02/11/2021
Capstone Headwaters, in collaboration with its international member firm IMAP, has published its 2021 Global Education & Training report, available for download below. The report takes an in-depth look into the Education & Training industry, concentrating on four of the key sub-sectors:
Published on: 02/08/2021
COVID-19 lockdowns have created heightened demand for the implementation of financial technology and digital payment solutions.  As the industry continues to experience such growth, established financial technology companies look to strategic acquisitions to safeguard their market position and bolster software suites.  Market activity in the FinTech & Payments industry is expected to continue through 2021, with a particularly favorable outlook on the Digital Payments segment.