Government Services Industry Update 2nd Half 2023
Read more about M&A activity and trends in this sector here
Government Services Review 2nd Half 2023
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- After a slow start to 2023, Government Services M&A activity rebounded in the 2nd half with 76 deals, v. 57 in the 1st half.
- Private Equity continued to play a key role in Government Services M&A contributing 2/3 of all Government Services M&A activity in 2023 (Platforms: 24.8%, Bolt-Ons: 44.4%)
- The 2nd Half of 2023 saw a flurry of Private Equity Government Services platforms with 21 new platforms, backed by both established and new players. In total, for 2023, there were 32 new Government Services platforms.
- DoD releases its first-ever National Defense Industrial Strategy (NDIS) highlighting active coordination between the US Government, industry and US allies with a focus on fortifying and hardening supply chains, enhancing workforce readiness, improving acquisition strategies, and strengthening economic deterrence, among other key initiatives.
We hope you find this information valuable, and as always, feel free to reach out if you would like to discuss in further detail. To read the full report, download the PDF below.
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Government Services Review 2nd Half 2023
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Government Services Industry Update 1st Half 2023
Read more about M&A activity and trends in this sector here
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