Mark Streekstra

Deal volumes in the IT services sector in Q1 eased off record highs seen in 2021. Although deals were down quarter over quarter, deal count was still significantly above pre-pandemic levels.

Although there are significant macroeconomic headwinds in the broader market, M&A in the industrial services space continues to remain strong. As price and wage inflation continues, there is a renewed focus on integrated facilities management platforms, which are able to increasingly realize scale and efficiencies.

Technology and digital Services

M&A activity in the technology and digital services space has soared following the onset of the pandemic as technology firms have garnered significant attention from both private equity acquirers with large reserves of dry powder as well as global strategic acquirers. As we had anticipated, deal levels in our three key verticals caught a second …

Technology and Digital Services M&A Update – Q4 2021 Read More »

The number of industrial services transactions in a quarter rose to a new highwater mark in Q4 2021, with 69 transactions. The increase in transaction count was driven primarily by add-on acquisitions, with 43 acquisitions from private equity-backed buyers. We also observed a rise in M&A activity within the security, specialized equipment maintenance, and janitorial …

M&A Industrial Services Industry Update – Q4 2021 Read More »

After an active dealmaking year in 2021 that was fueled by private equity, the M&A outlook for 2022 is slightly more clouded as inflation grows to 40-year highs, the Federal Reserve begins bumping up interest rates and Russia’s invasion of Ukraine disrupts financial markets. Still, business executives and M&A experts forecast a busy year as …

Inflation, interest rates, global conflict complicate M&A outlook Read More »

Born and raised in West Michigan, Mark Streekstra returned to Grand Rapids in 2019 to join investment banking firm Charter Capital Partners after working deals for nearly 12 years in Chicago at a multinational company.  In less than three years back on his home turf, Streekstra has been promoted to managing director while growing the firm’s investment banking group and providing advisory services on M&A, capital raises, valuation …

M&A Awards: ‘Finding the right buyer’ is mission critical for Charter Capital’s Streekstra Read More »

Facing a surge in demand for its products over the last couple of years, Rick Hughes saw a need to significantly expand his business. Hughes’ Montague-based MasterTag Inc. exclusively supplies the horticulture industry with printed labels and tags for plants. As more people took to their gardens during the COVID-19 pandemic, sales at greenhouse and home and garden centers rose, …

M&A: Spike in gardening interest spurred MasterTag sale Read More »

Charter Capital Partners, a Grand Rapids, Michigan-based investment bank, announced that its client, Advanced Service Solutions (Advanced), a portfolio company of BHMS Investments, LP (BHMS) has been acquired by Powerhouse Retail Services, LLC (Powerhouse), a portfolio company of Lincolnshire Management, Inc. (Lincolnshire). Founded by Jeff Tunis in 2007 and based in Hammonton, New Jersey, Advanced …

Advanced Service Solutions Acquired by Powerhouse Read More »

While the long-tail echo of the pandemic has adversely affected many industries, large incumbents have competed with record levels of private equity dry powder to acquire smaller but promising IT services businesses. Although M&A activity seems as though it has reached a peak, we believe there is still room for deal counts and multiples to …

Technology and Digital Services Industry Update – Q3 2021 Read More »

The 200 industrial services transactions completed YTD represent a 40% increase over YTD 2020, with add-on acquisitions accounting for more than half the M&A activity in the space this year.

In Q1 2021, it almost seemed as if the M&A market had forgotten about the effect of the pandemic on financing markets and transaction risks. M&A continued at a blistering pace with 67 transactions in the quarter, compared to 62 in Q4 2020 (Q4 typically having the lion’s share of deals as shareholders seek to …

Industrial Services Industry Update – Q1 2021 Read More »

The technology and support services vertical has experienced an upsurge in M&A deal activity post-pandemic, enhanced by an ever-greater need for digital communications, cybersecurity, and data connectedness. Likewise, the integration services vertical has erupted, with 40% more completed deals in the period following the pandemic compared to the period leading up to it.

Scroll to Top