Valuations in 2023 have shown a steady uptick driven by favorable industry dynamics.
November 2023 - The Citizens Commercial Services team is pleased to share our latest Insights. While the decline in M&A in 2022 carried over and contributed to a slower start in 2023, there has been a steady release of inventory into the market post-Labor Day, creating optimism for a favorable 2024 market.
Following the retreat in valuations in 2022, valuations in 2023 have shown a steady uptick driven by favorable industry dynamics within the Commercial Services landscape — meaning investors view commercial services as a more resilient segment driven by non-discretionary demand for essential services.
In our latest Commercial Services Insights, our team of experts discusses the latest sector trends, including:
- A sector spotlight on roofing services
- M&A momentum, highlighting the latest transactions
- Select public market commentary
Ready to take the next step? Get in touch with our team.
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