42 industries benchmarked · 39 live sell-side mandates · reviewed 2026-08-06

Sectors

Who buys companies in your sector

Valuation tables tell you what a business is worth. They do not tell you who would buy it, which is the question that decides whether a sale happens at all. These pages are built from every transaction on file since 2014, naming the acquirers, how often each has bought, and what was disclosed about price.

59 sectors · 10,208 transactions · 7,656 named acquirers

Internet Software and Services

781 transactions · 570 acquirers

Median EV/EBITDA
11.4x
Median deal size
$75m
See the buyers

Information Technology

779 transactions · 605 acquirers

Median EV/EBITDA
8.5x
Median deal size
$89m
See the buyers

Life Science

614 transactions · 397 acquirers

Median EV/EBITDA
17.5x
Median deal size
$114m
See the buyers

Software

573 transactions · 433 acquirers

Median EV/EBITDA
10.1x
Median deal size
$65m
See the buyers

Financial Services

568 transactions · 366 acquirers

Median EV/EBITDA
8.9x
Median deal size
$99m
See the buyers

Business Services

463 transactions · 369 acquirers

Median EV/EBITDA
10.0x
Median deal size
$63m
See the buyers

Medical Products

398 transactions · 264 acquirers

Median EV/EBITDA
10.6x
Median deal size
$100m
See the buyers

Consumer Products

319 transactions · 234 acquirers

Median EV/EBITDA
8.2x
Median deal size
$70m
See the buyers

Manufacturing

268 transactions · 206 acquirers

Median EV/EBITDA
8.2x
Median deal size
$111m
See the buyers

Healthcare Services

254 transactions · 190 acquirers

Median EV/EBITDA
9.6x
Median deal size
$112m
See the buyers

Food

242 transactions · 151 acquirers

Median EV/EBITDA
8.4x
Median deal size
$130m
See the buyers

Technology Hardware

217 transactions · 180 acquirers

Median EV/EBITDA
10.8x
Median deal size
$85m
See the buyers

Oil/Gas Exploration

205 transactions · 170 acquirers

Median EV/EBITDA
4.7x
Median deal size
$310m
See the buyers

Machinery

200 transactions · 152 acquirers

Median EV/EBITDA
8.1x
Median deal size
$102m
See the buyers

Energy Services and Equipment

194 transactions · 170 acquirers

Median EV/EBITDA
7.1x
Median deal size
$141m
See the buyers

Communications

185 transactions · 145 acquirers

Median EV/EBITDA
7.4x
Median deal size
$135m
See the buyers

Digital Media

181 transactions · 124 acquirers

Median EV/EBITDA
8.3x
Median deal size
$39m
See the buyers

Building Materials

177 transactions · 118 acquirers

Median EV/EBITDA
8.2x
Median deal size
$117m
See the buyers

Retail

175 transactions · 145 acquirers

Median EV/EBITDA
6.4x
Median deal size
$101m
See the buyers

Chemicals

172 transactions · 126 acquirers

Median EV/EBITDA
8.9x
Median deal size
$153m
See the buyers

Transportation

170 transactions · 116 acquirers

Median EV/EBITDA
8.9x
Median deal size
$81m
See the buyers

Metals/Mining

167 transactions · 130 acquirers

Median EV/EBITDA
8.1x
Median deal size
$75m
See the buyers

Electrical Equipment

163 transactions · 134 acquirers

Median EV/EBITDA
9.1x
Median deal size
$73m
See the buyers

Insurance

158 transactions · 111 acquirers

Median EV/EBITDA
n<5
Median deal size
$154m
See the buyers

Distribution

157 transactions · 129 acquirers

Median EV/EBITDA
8.4x
Median deal size
$73m
See the buyers

Media

151 transactions · 123 acquirers

Median EV/EBITDA
8.6x
Median deal size
$85m
See the buyers

Marketing

146 transactions · 128 acquirers

Median EV/EBITDA
6.0x
Median deal size
$38m
See the buyers

Automotive

142 transactions · 117 acquirers

Median EV/EBITDA
7.3x
Median deal size
$152m
See the buyers

Semiconductors

124 transactions · 93 acquirers

Median EV/EBITDA
16.8x
Median deal size
$120m
See the buyers

Leisure

111 transactions · 89 acquirers

Median EV/EBITDA
7.2x
Median deal size
$118m
See the buyers

Packaging

102 transactions · 58 acquirers

Median EV/EBITDA
6.7x
Median deal size
$83m
See the buyers

Environmental

93 transactions · 73 acquirers

Median EV/EBITDA
7.4x
Median deal size
$91m
See the buyers

Utilities

93 transactions · 67 acquirers

Median EV/EBITDA
9.2x
Median deal size
$83m
See the buyers

Construction

87 transactions · 66 acquirers

Median EV/EBITDA
4.8x
Median deal size
$85m
See the buyers

Apparel/Textiles

87 transactions · 70 acquirers

Median EV/EBITDA
10.1x
Median deal size
$147m
See the buyers

Consumer Services

82 transactions · 71 acquirers

Median EV/EBITDA
14.3x
Median deal size
$83m
See the buyers

Restaurants

82 transactions · 57 acquirers

Median EV/EBITDA
10.5x
Median deal size
$178m
See the buyers

Aerospace

81 transactions · 61 acquirers

Median EV/EBITDA
n<5
Median deal size
$216m
See the buyers

Education

81 transactions · 64 acquirers

Median EV/EBITDA
12.7x
Median deal size
$108m
See the buyers

Test/Measurement Equipment

78 transactions · 49 acquirers

Median EV/EBITDA
n<5
Median deal size
$48m
See the buyers

Renewable Energy

77 transactions · 62 acquirers

Median EV/EBITDA
7.2x
Median deal size
$169m
See the buyers

Real Estate

70 transactions · 63 acquirers

Median EV/EBITDA
11.0x
Median deal size
$129m
See the buyers

Information Services

69 transactions · 59 acquirers

Median EV/EBITDA
n<5
Median deal size
$114m
See the buyers

Safety/Security

66 transactions · 43 acquirers

Median EV/EBITDA
10.1x
Median deal size
$63m
See the buyers

Beverages

63 transactions · 51 acquirers

Median EV/EBITDA
12.9x
Median deal size
$130m
See the buyers

Forest Products

62 transactions · 49 acquirers

Median EV/EBITDA
6.0x
Median deal size
$160m
See the buyers

Staffing

59 transactions · 43 acquirers

Median EV/EBITDA
5.1x
Median deal size
$34m
See the buyers

E-Commerce

58 transactions · 53 acquirers

Median EV/EBITDA
6.9x
Median deal size
$63m
See the buyers

Agriculture

53 transactions · 43 acquirers

Median EV/EBITDA
6.8x
Median deal size
$75m
See the buyers

Plastics

52 transactions · 41 acquirers

Median EV/EBITDA
9.0x
Median deal size
$164m
See the buyers

Electronics

51 transactions · 49 acquirers

Median EV/EBITDA
12.3x
Median deal size
$87m
See the buyers

Engineering

49 transactions · 42 acquirers

Median EV/EBITDA
8.0x
Median deal size
$28m
See the buyers

Publishing

37 transactions · 28 acquirers

Median EV/EBITDA
6.1x
Median deal size
$59m
See the buyers

Marine

31 transactions · 27 acquirers

Median EV/EBITDA
n<5
Median deal size
$244m
See the buyers

Gaming

30 transactions · 25 acquirers

Median EV/EBITDA
n<5
Median deal size
$103m
See the buyers

Defense

21 transactions · 20 acquirers

Median EV/EBITDA
n<5
Median deal size
$85m
See the buyers

Infrastructure

15 transactions · 13 acquirers

Median EV/EBITDA
n<5
Median deal size
$234m
See the buyers

Furniture

14 transactions · 13 acquirers

Median EV/EBITDA
n<5
Median deal size
$73m
See the buyers

Airlines

11 transactions · 11 acquirers

Median EV/EBITDA
n<5
Median deal size
$109m
See the buyers

How to read these pages

Deal counts are complete for what we hold. Multiples are not: most transactions close without disclosing one, so a median is shown only where at least 5 deals in that sector disclosed a figure, and the number of observations behind it is always stated. Where we have fewer, the count is shown and the median withheld, because a median of two deals is an anecdote with a decimal point.