2025 Mergers & Acquisitions Outlook Report

Lincoln International, in collaboration with MEMA, is pleased to publish our 2025 Mergers & Acquisitions Outlook Report, covering notable deal activity in 2024, the first quarter of 2025 and an outlook for the year ahead. Our publication focuses primarily on announced transactions in the United States and Canada, along with notable international deals involving companies headquartered in the U.S. and Canada.

Mergers & Acquisitions (M&A) plays an integral role in the expansion and activity of the aftermarket. Strategic acquirers have used M&A to build scale, extend product categories and consolidate fragmented industry segments. Private equity firms, individual investors and family offices have invested in numerous platforms across virtually all segments. All the while, lenders have continued to provide capital to fund or recapitalize these deals.

In a macro-economic environment as dynamic as today, we believe the aftermarket has the historical resilience and ability to adapt to continue to be a safe haven for investment. Despite increasing uncertainty, M&A transactions of all sizes continue to change the market, alter supply chain logistics and ultimately support an increasing vehicle population. This resilience will be increasingly important to a broad base of consumers who are looking to keep vehicles optimally running on the road, the racetrack, or wherever the next adventure takes us.

The Lincoln team welcomes you to contact us if you are interested in discussing this report or how we can service your organization.

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