Experts are predicting that M&A could rise 20% over 2021 following the record number of deals completed all over the trucking industry last year. With many labor-intensive jobs struggling to source employees at this time, along with the impact of inflation, companies are motivated to use acquisitions in order to buy talent.
It is expected that the vast majority of 2022 deals will be with strategic buyers to help fulfill these new logistical gaps in the current supply chain environment. The major pain that the trucking industry itself is facing is the lack of drivers. Other key factors that are driving the industry are a continued ecommerce boom and supply chain issues from truck and trailer manufacturers, both of which are contributing to longer delivery times. As the market opens up in 2022, year-over-year deals are already higher than 2021, with 66% of the deals being strategic, and 83% of all deals being cash offers.
Read more here: https://www.fleetowner.com/news/mergers-acquistions/article/21215519/ma-experts-forecast-record-deal-volume-for-trucking-in-2022
