Global macro uncertainty, rising inflation and interest rates led to slowdown of deal volumes in last 2 quarters. Uptick can be seen in 3rd quarter with 18 deals announced. We expect the year to close on a high note for packaging sector M&A
Disaster restoration market continued to witness accelerated deal activity in 2023 with multiple strategic and PE backed acquisitions announced in line with the momentum of 2022. Traction was seen in strategic acquisitions – Commercial Restoration Company acquired Project X Restoration in Mar 23, after announcing 2 acquisitions in 2022.