Q424 M&A Lower & Middle Market Report

Comprehensive US Lower and Middle Market M&A Report

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Middle-market M&A activity in the U.S. maintained momentum in Q4 2024. This movement is characterized by stable valuations, increased private equity activity, and favorable financing conditions. Stability in valuation trends has been attributed to consistent deal demand from private equity firms and strategic acquirers.

Q424 saw a flood of investment activity reflecting increasing confidence in the market with equity firms looking to capitalize on strategic opportunities. In this report we examine a few deals that we feel are indicative of current trends and can shed light on how the M&A landscape will develop in 2025.

Read the US 2024 M&A Activity Report »

Recent News & Reports

October 27, 2026

Industry Spotlight: Education and Training

This report examines recent deal activity and the key trends shaping the market around the dynamic Education and Training sector.

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October 15, 2026

Vicrtex Completes Divestiture of Kleiss Gears to The Heico Companies

This transaction highlights the value of Artemis’s relationship-focused approach combined with industry expertise in identifying the right buyers, aligning strategic objectives and executing transactions that position businesses for their next phase of growth.

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October 14, 2026

Tecta America Acquires Babilla Roofing

Lead by Artemis Managing Director, John Lahti, this acquisition strengthens Babilla Roofing's 40-year legacy with operational and financial support while allowing the roofing company to retain all employees.

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August 10, 2026

Industry Spotlight: Construction

The construction sector continues to experience growth driven by strong secular demand across infrastructure, industrial, and mission-critical end markets.

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Artemis News & Reports
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