1、BUSINESS SERVICESREPORT1H 2023Explore M&A Activity,Capital Market Conditions and Current Trends for the Business Services Industry720.221.9220|SDRVENTURES.COMInvestment Banking&Securities Offered Through SDR Capital Markets,LLC,Member FINRA&SIPC.720.221.9220|SDRVENTURES.COMInvestment Banking and Sec

2、urities Offered Through SDR Capital Markets,LLC,Member FINRA and SIPC.BUSINESS SERVICES REPORT2H 2022 2H 2022|VOL 10|ISSUE 2Morgan HoffmanMorgan HoffmanAssociateBusiness Services TBUSINESS SERVICES 1H23:WHAT TO KNOW SometimesSometimes badbad thingsthings meanmean goodgood thingsthings.Disasters,Disa

3、sters,pandemicpandemic-relatedrelated shifts,shifts,andand housinghousing shortagesshortages meanmean construction,construction,engineering,engineering,andand infrastructureinfrastructure companiescompanies areare poisedpoised forfor growthgrowth.Sure,Sure,moneymoney maymay bebe hardhard toto borrow

4、borrow forfor some,some,butbut wellwell-positionedpositioned corporationscorporations andand flushflush PEPE operationsoperations areare positionedpositioned toto makemake somesome movesmoves.GovernmentGovernment initiativesinitiatives andand incentivesincentives areare puttingputting cashcash inin

5、thethe handshands ofof homeownershomeowners andand statestate andand locallocal governments,governments,andand theythey areare readyready toto spendspend.BuildingBuilding MomentumMomentum BehindBehind MotherMother NatureNature andand UncleUncle SamSamThe companies that build,fix,maintain,repair,and

6、replace are seeing a boom in activity fueled by a unique combination of shifting work habits,government infrastructure investment,some rotten weather luck,and a depleted stock of available housing inventory.In business,bad things can lead to good things.The COVID-19 pandemic and supply chain related