Axial Forum

Axial Forum

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Independent lower-middle market M&A publication: deal sourcing, banker/advisor insights, valuation, and transaction execution.

Industry Report: Manufacturing 1H 2026 [SDR Ventures]
NewsMay 4, 2026

Industry Report: Manufacturing 1H 2026 [SDR Ventures]

Policy incentives, onshoring trends, and favorable trade dynamics are reviving U.S. manufacturing, especially in energy, infrastructure, and advanced‑technology sectors. Investors are shifting toward stable, non‑cyclical end markets such as aerospace, industrials, and electrical infrastructure, while electrification and AI‑driven data center...

By Axial Forum
Industry Report: Professional Services 1H 2026 [SDR Ventures]
NewsMay 4, 2026

Industry Report: Professional Services 1H 2026 [SDR Ventures]

SDR Ventures’ first‑half 2026 industry report finds AI reshaping professional services by automating routine work while human expertise remains essential. Private equity firms continue aggressive roll‑up campaigns in a fragmented consulting, accounting and legal landscape, driving 305 deals—by far the...

By Axial Forum
Industry Report: Cybersecurity Services [Solganick & Co.]
NewsMay 4, 2026

Industry Report: Cybersecurity Services [Solganick & Co.]

Solganick & Co.’s latest industry report shows that cybersecurity services M&A remains robust, with 105 deals in Q4 2025 and another 76 transactions through February 2026. Managed security service providers (MSSPs) are the primary focus, highlighted by deals such as...

By Axial Forum
Industry Report: Transportation & Logistics Q1 2026 [Peakstone]
NewsApr 24, 2026

Industry Report: Transportation & Logistics Q1 2026 [Peakstone]

The Q1 2026 Peakstone Transportation & Logistics report shows that M&A activity remains robust, with hundreds of deals driven primarily by strategic buyers seeking scale and network expansion. Median EV/EBITDA multiples have settled between roughly 6x and 13x, indicating stable...

By Axial Forum
The Advisor Finder Report: Q1 2026
NewsApr 15, 2026

The Advisor Finder Report: Q1 2026

Axial’s Advisor Finder program reported a record‑setting Q1 2026, facilitating 104 introductions between business owners and M&A advisors—a 30% jump from the same quarter last year. The quarter saw 69 new owners join the platform, driven by retirement, liquidity needs,...

By Axial Forum
Goodbye Partner Track, Hello “F2E”: James Bohannon of Belzberg & Co.
NewsApr 1, 2026

Goodbye Partner Track, Hello “F2E”: James Bohannon of Belzberg & Co.

James Bohannon of Belzberg & Co. highlighted the fast‑growing “Finance to Entrepreneurship” (F2E) movement, where seasoned finance professionals abandon partner‑track roles in private equity or investment banking to buy and run lower‑middle‑market companies. He explained how F2Es differ from traditional...

By Axial Forum
Rollover Equity: A Business Owner’s Guide to Negotiating Terms and Maximizing Exit Outcomes
NewsMar 19, 2026

Rollover Equity: A Business Owner’s Guide to Negotiating Terms and Maximizing Exit Outcomes

Rollover equity lets sellers reinvest part of their sale proceeds into the acquiring entity, giving them a minority stake and a potential "second bite of the apple" when the business is later sold. Private equity firms use it to reduce...

By Axial Forum
Eliot Kerlin and Broadwing: Principles over Playbooks
NewsMar 10, 2026

Eliot Kerlin and Broadwing: Principles over Playbooks

Eliot Kerlin, founder of Broadwing Capital, discussed the evolving lower‑middle‑market private‑equity landscape, highlighting larger fund sizes, higher purchase multiples, and greater equity contributions. He noted the rise of operational private equity, independent sponsors and family‑office capital, and the need for...

By Axial Forum
Industry Report: Healthcare Q1 2026 [Peakstone]
NewsMar 1, 2026

Industry Report: Healthcare Q1 2026 [Peakstone]

Healthcare M&A activity moderated in 2025, dropping to 898 transactions after a pandemic‑driven surge. Despite fewer deals, the median transaction value jumped to $151 million, the highest in 25 years, while EV/EBITDA multiples held steady near 12.5×. Public‑market returns diverged, with...

By Axial Forum
Case Study: A Broken LOI, the Right Advisor, and a Successful Exit
NewsFeb 26, 2026

Case Study: A Broken LOI, the Right Advisor, and a Successful Exit

Owners of a concierge medical practice attempted a sale, but the first Letter of Intent (LOI) collapsed, leaving them to restart the process. They turned to Axial's Advisor Finder, which quickly presented four vetted M&A advisors with healthcare expertise. After...

By Axial Forum