1、Transportation&Logistics M&A UpdateQ1 2025REPORT CONTRIBUTORSFor more information on R.L Hulett or this report please visit our website at ,call us at(314)721-0607,or contact a professional listed on this page.Trevor HulettManaging DRyan HartmanSenior AREPORT HIGHLIGHTS In Q1,the T&L Industry Index

2、decreased by 14.3%,but was outperformed by a 4.4%decrease in the S&P 500 over the same period.The median EV/EBITDA multiple for reported strategic deals increased to 8.3x in Q1 from 4.7x in 2024 while no PE EV/EBITDA multiples were reported during the period.M&A deal volume in the T&L sector increas

3、ed 3.3%in Q1 to 250 deals from 242 in Q4 of 2024,but decreased 4.9%from 263 in Q1 of the prior year.As a%of total capital invested in M&A transactions,PE participation increased significantly in Q1 to 59.1%from 43.4%in 2024.Europe was the most active region in Q1 with 132 deals.Most notably in Europ

4、e was A.P.Moller Capitals$517.9 million investment in Berge,a Spanish provider of marine logistics services,in February 2025.CONTENTS3 Global Deal Analytics7 Valuation Multiples10 Leading M&A Deals13 Industry Outlook14 About R.L.Hulett16 Selected Transactions18 Our M&A TeamTransportation&Logistics M

5、&A UpdateQ1 2025Transportation&Logistics M&A Update|Q1 2025|Page 3Source:PitchBook DataGlobal Deal AnalyticsOf the 250 deals in the T&L sector in Q1,Europe was the most active with 132.A notable European deal(in addition to the A.P.Moller deal mentioned on the previous page)was JOST Worlds$398.0 mil

6、lion acquisition of Hyva Holding,a provider of commercial vehicle products and transport solutions,in January 2025.North America was the second most active with 79 transactions and all other regions combined for a total of 39 deals.Great Lakes:14 Southeast:11 West Coast:10Mid Atlantic:7Others:21Unit