Q3 2023 Food & Beverage Quarterly Review
The food & beverage sector has again been a consistently active vertical in the most recent quarter. As mega deals are slowly being announced more frequently, the sector’s overall M&A activity was mainly supported by middle market deals of smaller size. Despite a few remaining sector headwinds, deflationary trends are beginning to appear at the macroeconomic level, particularly related to input costs, which has partially spurred the continued M&A volume. Overall, it has been observed that there is still a good deal of demand for, and healthy valuation multiples being placed on, high-quality food & beverage assets. Learn more here.