Capstone Partners Reports: Consumer M&A Market Rebound Realized in 2024, Poised to Accelerate in 2025
Capstone Partners has released its Annual Consumer M&A Report, revealing a significant rebound in Consumer M&A activity during 2024 with promising outlook for 2025. The report highlights that approximately 70% of consumer M&A was conducted by corporations, while private equity accounted for ~30%, indicating strong corporate confidence in M&A as an ROI strategy.
In the public markets, sectors like Tactical, Home Goods, E-Commerce, and Sports Technology outperformed the S&P 500's 24% return in 2024. The ISM Manufacturing Index reached 50.9 in January 2025, marking the first expansion in 26 months, with new orders hitting their highest levels since 2022.
The report notes a rotation from Consumer Staples to Consumer Discretionary, with discretionary companies outperforming staples in recent months. Nearly two-thirds of middle market CEOs express optimism for 2025, up from 60% the previous year. The market is expected to strengthen further in 2025, driven by over $1 trillion in private equity dry powder and public companies actively pursuing strategic acquisitions.
Capstone Partners ha pubblicato il suo Rapporto Annuale sulle M&A nel settore dei consumatori, rivelando un significativo recupero nell'attività di M&A nel 2024 con una prospettiva promettente per il 2025. Il rapporto evidenzia che circa il 70% delle M&A nel settore dei consumatori è stato condotto da aziende, mentre il private equity ha rappresentato circa il 30%, indicando una forte fiducia delle imprese nelle M&A come strategia di ROI.
Nei mercati pubblici, settori come Tattico, Beni per la Casa, E-Commerce e Tecnologia Sportiva hanno superato il rendimento del 24% dell'S&P 500 nel 2024. L'Indice ISM della Produzione ha raggiunto 50,9 a gennaio 2025, segnando la prima espansione in 26 mesi, con nuovi ordini che hanno toccato i livelli più alti dal 2022.
Il rapporto nota una rotazione dai beni di consumo essenziali ai beni di consumo discrezionali, con le aziende discrezionali che hanno sovraperformato quelle essenziali negli ultimi mesi. Quasi due terzi dei CEO del mercato medio esprimono ottimismo per il 2025, in aumento rispetto al 60% dell'anno precedente. Si prevede che il mercato si rafforzi ulteriormente nel 2025, sostenuto da oltre 1 trilione di dollari in liquidità di private equity e da aziende pubbliche che perseguono attivamente acquisizioni strategiche.
Capstone Partners ha lanzado su Informe Anual de M&A del Consumidor, revelando una recuperación significativa en la actividad de M&A del consumidor durante 2024 con un panorama prometedor para 2025. El informe destaca que aproximadamente el 70% de las M&A del consumidor fueron realizadas por corporaciones, mientras que el capital privado representó alrededor del 30%, lo que indica una fuerte confianza corporativa en las M&A como estrategia de ROI.
En los mercados públicos, sectores como Táctico, Bienes para el Hogar, E-Commerce y Tecnología Deportiva superaron el rendimiento del 24% del S&P 500 en 2024. El Índice ISM de Manufactura alcanzó 50.9 en enero de 2025, marcando la primera expansión en 26 meses, con nuevos pedidos alcanzando sus niveles más altos desde 2022.
El informe señala una rotación de los productos de consumo básico a los productos de consumo discrecional, con las empresas discrecionales superando a las básicas en los últimos meses. Casi dos tercios de los CEO del mercado medio expresan optimismo para 2025, un aumento con respecto al 60% del año anterior. Se espera que el mercado se fortalezca aún más en 2025, impulsado por más de 1 billón de dólares en capital privado disponible y empresas públicas que buscan activamente adquisiciones estratégicas.
Capstone Partners는 2024년 소비자 M&A 활동의 주요 반등을 보여주는 연례 소비자 M&A 보고서를 발표했으며, 2025년을 위한 유망한 전망을 제시했습니다. 보고서에 따르면 소비자 M&A의 약 70%가 기업에 의해 이루어졌으며, 사모펀드는 약 30%를 차지하여 M&A를 ROI 전략으로 보는 기업의 강한 신뢰를 나타냅니다.
공공 시장에서는 전술, 가정용품, 전자상거래 및 스포츠 기술와 같은 분야가 2024년 S&P 500의 24% 수익률을 초과했습니다. ISM 제조업지수는 2025년 1월에 50.9에 도달하여 26개월 만에 첫 확장을 기록했으며, 신규 주문은 2022년 이후 가장 높은 수준에 도달했습니다.
보고서는 필수 소비재에서 선택 소비재로의 전환을 언급하며, 최근 몇 달 동안 선택 소비재 기업이 필수 소비재를 초과 성과를 보였다고 합니다. 중간 시장 CEO의 거의 3분의 2가 2025년에 대한 낙관적인 전망을 표명했으며, 이는 지난해 60%에서 증가한 수치입니다. 시장은 2025년에 더욱 강화될 것으로 예상되며, 1조 달러 이상의 사모펀드 자금과 전략적 인수를 적극적으로 추구하는 공개 기업에 의해 주도될 것입니다.
Capstone Partners a publié son Rapport Annuel sur les M&A dans le secteur des consommateurs, révélant un rebond significatif de l'activité M&A dans ce secteur en 2024, avec des perspectives prometteuses pour 2025. Le rapport souligne qu'environ 70% des M&A dans le secteur des consommateurs ont été réalisées par des entreprises, tandis que le capital-investissement a représenté environ 30%, indiquant une forte confiance des entreprises dans les M&A en tant que stratégie de ROI.
Sur les marchés publics, des secteurs tels que Tactique, Biens de Consommation, E-Commerce et Technologie Sportive ont surpassé le rendement de 24% du S&P 500 en 2024. L'Indice ISM de Fabrication a atteint 50,9 en janvier 2025, marquant la première expansion en 26 mois, avec de nouvelles commandes atteignant leurs niveaux les plus élevés depuis 2022.
Le rapport note une rotation des produits de consommation de base vers les produits de consommation discrétionnaire, les entreprises discrétionnaires ayant surperformé les produits de base ces derniers mois. Près des deux tiers des PDG du marché intermédiaire expriment un optimisme pour 2025, en hausse par rapport à 60% l'année précédente. Le marché devrait se renforcer davantage en 2025, soutenu par plus de 1 trillion de dollars de capital-investissement disponible et des entreprises publiques poursuivant activement des acquisitions stratégiques.
Capstone Partners hat seinen jährlichen Bericht über M&A im Verbraucherbereich veröffentlicht, der eine signifikante Erholung der M&A-Aktivitäten im Verbraucherbereich im Jahr 2024 zeigt, mit einem vielversprechenden Ausblick für 2025. Der Bericht hebt hervor, dass etwa 70% der Verbraucher-M&A von Unternehmen durchgeführt wurden, während Private Equity etwa 30% ausmachte, was auf ein starkes Vertrauen der Unternehmen in M&A als ROI-Strategie hinweist.
In den öffentlichen Märkten haben Sektoren wie Taktik, Haushaltswaren, E-Commerce und Sporttechnologie die Rendite von 24% des S&P 500 im Jahr 2024 übertroffen. Der ISM-Index für das verarbeitende Gewerbe erreichte im Januar 2025 50,9 und markierte die erste Expansion in 26 Monaten, wobei die Neuanträge die höchsten Werte seit 2022 erreichten.
Der Bericht vermerkt eine Rotation von Grundnahrungsmitteln zu diskretionären Konsumgütern, wobei diskretionäre Unternehmen in den letzten Monaten besser abschnitten als Grundnahrungsmittel. Fast zwei Drittel der CEOs im Mittelstand äußern Optimismus für 2025, ein Anstieg von 60% im Vorjahr. Es wird erwartet, dass der Markt im Jahr 2025 weiter an Stärke gewinnt, unterstützt von über 1 Billion Dollar an verfügbaren Private-Equity-Mitteln und börsennotierten Unternehmen, die aktiv strategische Übernahmen anstreben.
- Consumer M&A volume rebounded YOY in 2024
- 70% of consumer M&A driven by corporate strategic acquisitions
- ISM Manufacturing Index showed first expansion in 26 months
- Multiple sectors outperformed S&P 500's 24% return
- CEO confidence increased to nearly two-thirds positive outlook
- Most consumer sectors underperformed the S&P 500 in 2024
- Inflation concerns remain for Consumer Discretionary rotation
- Private equity participation in M&A remained low at 30%
Capstone believes several improvements in the Consumer industry M&A markets in 2024 indicate the market is primed for a significant increase in activity and valuations in 2025. In 2024, Consumer M&A volume rebounded year-over-year (YOY) and saw a slight increase in overall M&A valuations. Getting behind the numbers, we see the majority of consumer M&A transactions were driven by corporations making strategic acquisitions. In 2024, approximately
Interestingly, public consumer stocks have performed inconsistently. Only a few sectors including Tactical, Home Goods, E-Commerce, and Sports Technology have beaten the S&P 500 return of
We are keeping a close eye on the start of a rotation from Consumer Staples to the Consumer Discretionary space in the public markets. The historically slower growing, more defensive S&P 500 Consumer Staples index outperformed its counterpart, the S&P 500 Consumer Discretionary index,
"We believe the spark that will ignite a rally in 2025 is the combination of 1) private equity deploying more than
Also included in this report:
- How M&A volumes and public market valuations in the Consumer industry fared in 2024.
- A detailed analysis of M&A valuation drivers for consumer companies.
- What trends are driving M&A activity across the Consumer industry and a breakdown of each of the 14 highlighted sectors.
- Expectations for Consumer industry performance and M&A in
North America in 2025. - Which sectors outperformed the broader Consumer industry and are poised to garner buyer interest in 2025.
To access to full report, click here.
ABOUT CAPSTONE PARTNERS
For over 20 years, the firm has been a trusted advisor to leading middle market companies, offering a fully integrated range of investment banking and financial advisory services uniquely tailored to help owners, investors, and creditors through each stage of the company's lifecycle. Capstone's services include M&A advisory, debt and equity placement, corporate restructuring, special situations, valuation and fairness opinions and financial advisory services. Headquartered in
Endnotes:
- Institute for Supply Management, "Report on Business," https://www.ismworld.org/globalassets/pub/research-and-surveys/rob/pmi/3yet202501pmi.pdf, accessed February 18, 2025.
View original content:https://www.prnewswire.com/news-releases/capstone-partners-reports-consumer-ma-market-rebound-realized-in-2024-poised-to-accelerate-in-2025-302411010.html
SOURCE Capstone Partners
FAQ
What was the Consumer M&A market performance in 2024?
Which consumer sectors outperformed the S&P 500 in 2024?
What is the Consumer industry outlook for 2025?
How has the ISM Manufacturing Index performed in early 2025?
What is the sentiment among middle market CEOs for 2025?
