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Commercial Service industries continue to see strong transaction volume.

Commercial services continues to be an active segment for M&A transactions with many large players continuing to seek growth through acquisition.

  • 77 M&A transactions announced
  • Commercial service public companies’ enterprise value increased 6% in Q2 2023.
  • Facility Services sub-industry was the most acquisitive, completing 16 transactions. These involved janitorial, landscaping, pest control, window washing businesses and more.
  • Industry operators are combating rising labour costs with new technologies and automation to reduce headcount.

Please reach out to the Commercial Services leads to discuss the latest trends impacting this business segment and key features driving value in M&A transactions.

Josh Ellis
Director, Toronto

Connor Irwin-Lewis
Analyst, Toronto

Commercial Services Review Q2 2023

Commercial Services Review Q2 2023