1H 2023 Distribution & Logistics M&A Report

Perhaps more than any sector, Distribution and Logistics has been on a wild ride since the beginning of the COVID-19 pandemic. We saw a spike in consumer demand, as customers raced to stock up on home office supplies and things to play with while stuck in their homes. We then saw the massive supply chain snarl as ports around the globe closed. At that point, there was a complete reconsideration of how wise “Just In Time” delivery was. Now, as people go back to their lives and seek out experiences instead of stuff, there’s a return to earth with some companies cutting back and others seeing normalized profits instead of the windfalls over recent years.