BDO Capital Manufacturing & Distribution Newsletter

July 2017

M&A activity in the Manufacturing & Distribution (M&D) sector began declining during the second half of 2016 and was down 18.5 percent during the first four months of 2017. We believe that election concerns initiated the trend and post-election uncertainties about tax, regulatory and healthcare reforms continue to hamper transaction activity.
Deal pipelines are now filling though, so we expect activity to once again rise, particularly given optimism among sector executives as noted in recent surveys.

BDO Capital Advisors, LLC, a FINRA/SIPC member firm, is a separate legal entity and is an affiliated company of BDO USA, LLP, a Delaware limited liability partnership and national professional services firm.