The industrial technology market continues to be characterized by a resumption of more stable revenue growth from the depths of COVID-19. The related macro-operating head winds of both labor and supply chain constraints as well as inflation are expected to persist in the near term to varying degrees. The improved backdrop has resulted in a resumption of strong industry M&A volume, with 2021 volumes returning to pre-COVID-19 levels.
Our Industrials M&A Advisory team remains very active in this space, having recently closed several relevant M&A assignments that benefited from both strong strategic and financial buyer demand, resulting in favorable valuations for our clients.