M&A volume has remained consistent, with industry consolidation reducing the availability of high-quality M&A opportunities, giving sellers more leverage in a less crowded market. Quarterly transaction volumes have remained stable throughout 2024, averaging approximately 48 deals per quarter. Of the 49 transactions in Q3, 28 were in home furniture, 9 were in the commercial sector, and 12 were in related subsectors. Recent publicly reported M&A transactions indicate that the industry median EV/EBITDA valuation multiple is approximately 6.0x.