BDO Capital Manufacturing Q3 2021 M&A Market Update

November 2021


Following a relatively subdued year of manufacturing sector deal activity in 2020, M&A activity went into overdrive in the first three quarters of 2021. Overarching market themes, including access to low cost of capital, a recovery in business activity and companies’ focus on business digital transformation served as catalysts bolstering 2021 transaction volume in the manufacturing sector. These market influencers, together with the prospect of capital gains tax hikes by early 2022 are expected to remain prevalent, compelling M&A activity through the end of the year.