Industrials
Manufacturing, business services, and industrial platforms, cyclicality, consolidation, and operational improvement.

Sector overview
Industrials and business services remain core middle-market territory. Sponsors seek platforms with operational improvement potential, fragmented markets, and defensible customer relationships.
Recent deals
- Industrial manufacturer, liability management and recapitalization
- Business services platform, add-on acquisition financing
- Specialty manufacturing, sell-side process
Capital trends
- Sponsors favoring tuck-in strategies over new platform bets
- Credit markets selective on cyclical exposure and leverage
- Strategic buyers seeking density and supply chain advantages
How we help
- Sell-side M&A and strategic alternatives for industrial businesses
- Debt advisory and restructuring for cyclical companies
- Growth capital for technology-enabled services platforms