Industrial Services Industry Update – Q2 2025
The industrial services M&A market continued its strong momentum in Q2 2025, with transaction volume significantly outpacing the broader M&A landscape. Strategic and private equity buyers remain highly active, fueled by robust capital availability and sustained appetite for roll-up strategies across facility services, environmental services, waste management, and security & safety.

Our latest report highlights:

• Q2 deal activity up 14.5% QoQ, with 60% of transactions being add-ons.
• Strong demand in environmental and waste management services.
• Continued premium valuations for quality sellers amid limited supply.
• Spotlight on notable deals, including acquisitions by Ares Management, Waste Management, and Valicor.