ARTICLE

Q3 2024 Market Update: How a Resilient M&A Market is Powering Middle-Market Growth

Evergreen Advisors Capital Q3 2024 Market Report

Explore key insights from Evergreen Advisors Capital’s Q3 2024 Industry Market Report, highlighting trends and opportunities in the Aerospace, Defense, and Government Services (ADG) sector.

Key Findings:

  • Strong Sector Growth: The Aerospace, Defense, and Government Services sectors are experiencing robust growth, with Government Services leading at 43.2%, followed by Diversified Contractors at 34.4%, and Aerospace & Defense at 25.1%.
  • Surge in M&A Activity: A favorable economic climate is driving a wave of mergers and acquisitions, with deal volume expected to remain strong into 2025, supported by healthy corporate balance sheets and declining interest rates.
  • Positive Economic Outlook: Stabilizing inflation and growing investor confidence are creating a favorable macroeconomic environment, contributing to a promising future for the ADG market.
  • Public Market Performance: Publicly traded companies in the ADG sector are performing strongly, with many trading near 52-week highs and displaying healthy enterprise value to EBITDA multiples, indicating solid valuations.
  • Future Outlook: Evergreen Advisors expects sustained M&A activity and an uptick in corporate transactions as financial buyers look to deploy capital and monetize investments.

Explore the Full ADG Market Report for In-Depth Insights

Understand the latest trends shaping Aerospace, Defense, and Government Services, with expert analysis from Evergreen Advisors Capital.