Meet our Senior Team
I am enthusiastic about creating sustainable growth and the highest value for our clients and strive to leave a positive footprint beyond any successful M&A transaction.
Friedrich Bieselt
Managing Director & Head of Business Services, Europe
FrankfurtThe transactions we work on are often trajectory-altering, with high stakes and pressure to get it right. We know our work, however challenging in the moment, is going to be impactful.
Mike Iannelli
Managing Director & Co-head of Business Services
ChicagoInformation Technology Services Mid-Year 2023 Report
For the first half of 2023, the number of M&A transactions in the global IT Services sector totaled 589, compared to 735 in H2 2022, representing a notable decline of… Read More
Cybersecurity Report: Q2 2023
Consecutive quarterly sector mergers and acquisitions (M&A) deal activity rose in Q2 2023 to 54 cybersecurity transactions, from 49 in Q1 2023. Q2 M&A volume of $2.4 billion was roughly… Read More
Food & Beverage Market Update Q2 2023
Looking back on the second quarter, market conditions improved. A temporary pause in interest rate hikes (with two more expected this year), rising equity markets and improved availability of credit… Read More
Chemicals Quarterly Review Q2 2023
Equities rallied in Q2 2023, with the S&P 500 gaining 16.9% year-to-date through June, driven primarily by artificial intelligence (AI)-fueled enthusiasm for large-cap technology stocks. The chemicals sector has been… Read More
EMS Quarterly Review Q2 2023
In Q2 2023, the EMS industry continued to navigate the challenges from supply chain disruptions. While component shortages have lessened the ripple effects of both long-lead time items and inventory,… Read More
Distribution Quarterly Review Q2 2023
Though the public markets regained momentum and global M&A stabilized in Q2, deal activity in the distribution sector, along with the North American private market more broadly, lagged.
Q2 2023 Lincoln Senior Debt Index
Lincoln International is pleased to release the quarterly Lincoln Senior Debt Index (LSDI). The LSDI represents years of research and analysis of data and was developed by professionals from Lincoln’s… Read More
Q2 2023 Lincoln Private Market Index
Lincoln Private Market Index Gains Ground Amidst Steady Private Company Growth The Lincoln Private Market Index (Lincoln PMI) reveals that in Q2 2023, private market enterprise values increased 2.3%. This… Read More
Packaging Quarterly Review Q2 2023
We’re expecting to see a conservative pickup in M&A activity throughout the second half of 2023.
Facilities Services Market Update Q2 2023
Overall, we remain optimistic that the facilities services M&A market will gain momentum in 2023 for both financial and strategic buyers.
Food & Beverage Market Update Q1 2023
As we reflect on the first quarter, turbulent market conditions persisted. Two fed interest rate hikes (more modest than the six prior) and further questions around economic conditions and credit… Read More
Education Technology & Services Market Update: Q1 2023
As it has for more than 10 years (COVID-19 aside), April once again was home to the education mergers and acquisitions (M&A) market’s largest annual gathering of executives, investors and… Read More
Q1 2023 Lincoln Senior Debt Index
Lincoln International is pleased to release the quarterly Lincoln Senior Debt Index (LSDI). The LSDI represents years of research and analysis of data and was developed by professionals from Lincoln’s… Read More
Distribution Quarterly Review Q1 2023
Distribution outperformed the broader M&A market with growth in M&A volume, despite a decrease in activity across the broader market, as bright spots remained in sectors demonstrating resilient performance with… Read More
Chemicals Quarterly Review Q1 2023
A growing push and pull demand for biobased chemical intermediate solutions will drive further mergers and acquisitions (M&A) activity. There is an ever increasing emphasis for more environmental, social and… Read More
EMS Quarterly Review Q1 2023
Inventory remains in focus across the EMS space with increases in cash cycles being driven from component shortages and longer lead times. However, the industry remains resilient to macroeconomic challenges… Read More
Q1 2023 Lincoln Private Market Index
Lincoln Private Market Index Grows Modestly in Q1 2023 as a Result of Resilient Private Company Performance The Lincoln Private Market Index (LPMI) reveals that in Q1 2023, private market… Read More
Cybersecurity Report: Q1 2023
Consecutive quarterly sector mergers and acquisitions (M&A) deal activity rose slightly in Q1 2023 to 44 reported cybersecurity transactions, from 41 in Q4 2022. However, year-over-year Q1 declined from 68… Read More
Packaging Quarterly Review Q1 2023
We expect interested parties who are willing to align expectations to current market conditions will continue to transact across the sector heading into the next quarter.
Facilities Services Market Update Q1 2023
Overall, we remain optimistic that the facilities services M&A market will remain strong in 2023 for both financial and strategic buyers.
Information Technology Services Year-end 2022 Report
Despite macro headwinds, M&A volumes in the Information Technology (IT) Services sector increased in 2022, fueled by 4.2% and 7.9% forecasted global spending growth on information technology services in 2022… Read More
Human Capital Management Services Market Update Year-End 2022
Human capital management (HCM) services providers are expected to continue to see a receptive market for their offerings in 2023.
Distribution Quarterly Review Q4 2022
Distribution mergers and acquisitions (M&A) activity proved more resilient than the overall market, remaining stable through 2022 despite the downturn in overall deal closings both globally and in North America.
Food & Beverage Market Update Q4 2022
2022 came to a mixed close, public credit and equity markets continued to slow through Q4 as the Fed marched on with its cycle of interest rate hikes. This choppiness… Read More
Education Technology & Services Market Update: Q4 2022
We expect the same challenges that impacted and drove M&A activity in 2022 to continue in 2023. The need for new and innovative solutions to address those challenges also remains.