November M&A Roundup: Deal Activity Slows as 2022 Winds Down

For the month, MDM reported 22 mergers and acquisitions among industrial distributors, the lowest total since May.
M&A

The pace of M&A activity among industrial distributors and manufacturers slowed significantly during the latter half of November, as MDM reported the fewest number of monthly deals announced since May of this year (19). In all, MDM’s monthly roundup accounted for 22 deals in November, following a steady streak that stretched from June (26) through October (28). Of the 22 M&A announcements from November, only four took place after Nov. 10.

With a shortened Thanksgiving week ushering in the holiday season, we expected to see a slowdown toward the end of the month. A more conservative approach to M&A also might have been prompted by questions surrounding the recent midterm elections or concerns over a predicted economic slowdown. Either way, a downtick was not all that surprising.

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November M&A

Here are the M&A announcements — primarily involving distributors, but also manufacturers that sell through the channel — that MDM covered during November (click the headline for more details):

Did we miss anything? Please send M&A announcements to editor@mdm.com. We also welcome suggestions for “Behind the Deal,” our occasional series that takes a deep dive into market-shifting moves in wholesale distribution.

 

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