Dykema's 2023 M&A Activity Off to a Fast Start

Despite the downturn in the M&A market generally, our 2023 is off to a fast start. We closed 38 transactions in our first quarter (compared to 31 deals in 2022 and 17 deals in 2021 during the same quarter). This was partially due to some deals carrying over from the fourth quarter of 2022, but middle market M&A activity has proven resilient compared to the larger national M&A market, generally. We remain optimistic about the remainder of 2023, as we continue to see more interest in M&A activity.

Our average deal size during the first quarter was nearly $22,000,000 and we closed deals across the following industries: Dental Service Organizations, Healthcare, Automotive, Food and Beverage, Insurance, and Technology. 

Below are the tombstones from some of our first quarter deals.