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Industrial Services Update - Q2 2025

This article was originally published on chartercapitalpartners.com. Charter Capital’s M&A advisory team has since joined with KSM (Katz, Sapper & Miller) to become KSM Corporate Finance. The content has been republished here for informational purposes and reflects the views at the time of original publication.


The industrial services M&A market continued its strong momentum in Q2 2025, with transaction volume significantly outpacing the broader M&A landscape. Strategic and private equity buyers remain highly active, fueled by robust capital availability and sustained appetite for roll-up strategies across facility services, environmental services, waste management, and security & safety.

Our latest report highlights:

  • Q2 deal activity up 14.5% QoQ, with 60% of transactions being add-ons.
  • Strong demand in environmental and waste management services.
  • Continued premium valuations for quality sellers amid limited supply.
  • Spotlight on notable deals, including acquisitions by Ares Management, Waste Management, and Valicor.

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