Mergers & Acquisitions

MDM’s 3Q25 M&A Report is Here

See our breakdown of M&A activity by product category, the latest EBITDA trading multiples for 28 top industrial distributors and our detailed rundown of all deals we tracked during July-September, which improved sequentially but remained overall subdued compared to 2023-2024.

October 13, 2025

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In the latest offering out of MDM Research, our 3Q25 M&A Report is now published — available to download and purchase. Here’s the Premium link, and here’s the Store link.

3Q25 M&A Report

Starting with our 1Q25 iteration, this report now provides a breakdown of M&A activity by product category for the quarter, showing what the hottest areas of investment were. That’s accompanied by the report’s latest EBITDA trading multiples for 28 publicly-traded industrial, electrical, building supply and food distributors; our monthly M&A recaps of every deal we posted news about; and our top M&A articles from 3Q25.

Also, you’ll want to save the date for MDM’s 2025 Virtual M&A Summit, set for Dec. 3. The half-day event will be packed with dealmaking insight from distributors who have bought and sold companies, private equity firms likewise looking to buy or sell in the industry, consultants who have helped distributors of all kinds navigate the transaction process, and much more.

Premium members get complimentary access to this report and all MDM Research reports from their Premium dashboard. And remember, members of the National Association of Wholesaler-Distributors receive complimentary Premium access upon activation here.

Meanwhile, non-Premium readers can still purchase them from the MDM Store.

Other recent MDM Research Reports:

Mike Hockett

MDM Executive Editor

Mike Hockett is the MDM Executive Editor and has led MDM’s editorial direction across its various content channels since 2022.

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