Industry Reports

Agribusiness, food & beverage M&A remained active in the second quarter, coming off a sharp rebound that kickstarted 2026. Driving the activity was a continuation of recent themes: com...

Agribusiness, food, and beverage M&A activity in the fourth quarter was on par with the prior period, with a total of 81 deals announced or closed in segments tracked by FOCUS. Deal volume...

For full year 2025, 639 professional services M&A transactions were announced in the U.S, a 5% increase from 2024. The increase was driven by strong deal volume in the Accounting, Tax &amp...

Market dynamics, valuation trends, and M&A activity shaping the packaging sector in 2025 The packaging sector faced a more complex operating environment in 2025, as softer macroeconomic co...

Infrastructure services M&A in the middle market accelerated into year-end 2025 as improving capital conditions met sustained demand for mission-critical, recurring service models. While l...

As it relates to manufacturing, 2025 did not come out as strong as we expected as indicated by a purchase manufacturing index PMI below 50 for most of the year including the close of the year....

The FOCUS Telecom Business Services Index (TBSI) dipped into negative territory at the end of 2025, dropping 2.1% in the past three months. This compared unfavorably to both the 2.3% gain in t...

2025: A Year of Relationship Building M&A in 2025 was vastly different at the two ends of the deal size spectrum: mega deals drove the bulge bracket to a record year while the middle marke...

Overview After posting a strong performance in our fall reporting period, the FOCUS Telecom Business Services Index (TBSI) plummeted nearly 16% over the past three months. This significantly u...