Global Consumer Group at Lincoln International Achieves Strong Results in 2022 Despite Sector Challenges in H2 2022

Investor sentiment for select high-quality consumer assets remained robust in 2022, and is expected to continue in 2023 as differentiated businesses outperform competitors and successfully navigate the credit market

Despite global consumer sector headwinds in 2022 related to inflationary challenges, increased cautiousness from credit and lending participants, higher than average retail inventory levels and various supply chain disruptions, Lincoln’s global consumer platform delivered comparably strong results in 2022, successfully closing 53 transactions across the group’s diverse product and service offerings.

While H1 2023 is generally expected to bring pockets of investor and lender cautiousness around various consumer subsectors, high-performing businesses in efficient, creative and well-run processes will continue to garner interest from both larger financial sponsors who are not as dependent on financing contingencies, and strategic acquirers who are able to fund transactions with proprietary capital. With significant middle market private equity dry powder available for deployment, and many private equity assets nearing five-to-seven-year hold periods, consumer related deal activity is expected to gain momentum in H2 2023. Lincoln’s global consumer platform, including mergers and acquisitions (M&A), capital advisory, private funds advisory and valuations and opinions services, stands best positioned to navigate any deal complexity in 2023, offering creative, solutions-driven execution across the transaction spectrum.

With dedicated global M&A subsector coverage across consumer products, health and wellness, beauty and personal care, food and beverage, consumer services, E-commerce and direct-to-consumer, pet, retail and restaurants and lifestyle and leisure, Lincoln is well positioned to continue to execute exceptional deal outcomes for our clients and increase market share gains in 2023.