Mergers & Acquisitions
NAW’s 3Q26 M&A Report is Here
It covers our updated monthly deal counts; a year-to-date breakdown of M&A by product category; the latest EBITDA trading multiples for 27 public industrial distributors; our latest M&A-led Premium articles; and our detailed recap of dealmaking activity during July-September.
M&A – acronym from wooden blocks with letters, mergers and acquisitions M&A concept, top view on grey background
In the latest offering out of NAW Research (rebranded from MDM), our 3Q26 M&A Report is now published — available to download and purchase. Here’s its Premium/Professional link, and here’s its NAW Store link.
3Q26 M&A Report
Our 3Q26 M&A Report provides a quantitative and qualitative examination of distributor mergers and acquisition activity during the July-September period.

Its contents include:
- Our updated counts for monthly distributor M&A transactions going back 24 months
- Our tracking of year-to-date distributor transactions by product category so that you can see the M&A activity levels by market vertical
- Courtesy of investment bank Houlihan Lokey, the financial metrics on U.S. deal volume, trading multiples and the state of 27 publicly traded industrial distributors
- Our latest M&A focused MDM Premium articles, which take aim at Rexel’s North American expansion and what buyers want in a more selective distribution M&A market
Overall, the report provides a valuable snapshot of wholesale distribution’s dealmaking activity during the past quarter with a broad industry lense alongside market-specific data, alongside key financial metrics and our latest thought leadership insights.
NAW Professional (formerly MDM Premium) members get complimentary access to this and nearly all NAW Research reports from their MDM Premium dashboard. And remember, members of the National Association of Wholesaler-Distributors receive complimentary Professional access upon activation here.
Meanwhile, non-Professional readers can still purchase this and all our other reports from the NAW Store.
Other recent MDM & NAW Research Reports:
- 3Q26 NAW MarketPulse Report — Professional access, Store link
- 4Q26 NAW Forecast Report — Professional access, Store link
- MDM Case Study: Grainger — Professional access, Store link
- MDM Case Study: Stellar Industrial Supply — Professional access, Store link
- MDM Case Study: Singer Industrial — Professional access, Store link
- MDM Case Study: Ludwig Meister — Professional access, Store link
- MDM’s Family-Owned Business Report — Professional access

