May Food & Beverage M&A Steady with Strategics Still Out Front

M&A activity remained steady in May with 33 announced transactions, slightly ahead of April, marking another month of elevated deal flow. Disclosed enterprise value surpassed $1 billion for the fourth consecutive month, driven primarily by strategics and hybrid acquirers, while private equity platform buyers continued to show restraint from the sidelines. Looking ahead, we expect the mix of acquirers to shift as the year progresses, with private equity platform activity likely to pick up alongside greater clarity in the financing markets. This could rebalance what has recently been a strategic- and hybrid-led deal environment.

Continue reading