In addition to digitalization, network-based providers of professional services in particular are important drivers of developments in the service sector. The M&A partnership Globalscope enables IFBC to support its clients in the worldwide search for suitable target companies and interested buyers in order to support service companies in developing their business model accordingly.
Freelancers and network-based employees are disrupting traditional professional service subsectors. With their specialized knowledge and their network, they can tailor their services even better to the needs of the customers.
2016 was the year of political upsets. Trump is now well into his presidency, and whilst Brexit is still fraught with uncertainty, it is largely „business as usual“ for UK companies operating within the EU.
UPS, DHL and FedEx are all experimenting with robotic loading and unloading of irregular parcels. Improved mapping technologies will allow robots to evaluate packets more accurately, as well as increasing efficient use of space in shipping containers and lorries.
Management consultancies are looking to reduce their overreliance on senior consultants by applying more quantitative analysis. Additionally, they are using automation to decrease lead times and increase efficiency.
Whilst the consulting sector is still traditionally dominated by large firms, inclusive of the Big 4, smaller challengers are gaining momentum by focusing solely on a niche and offering a highly specialized service.
More mature, mid-size, companies are being snapped up by major players in a bid to provide a full suite of services.
Information technology research and advisory company Gartner, Inc. has acquired US best practice and talent management company CEB for approximately $2.6bn.
The merger between GoGoVan and 58 Suyun has created the largest online intra-city logistics platform in Asia. The combined company is worth in excess of $1bn.
GE has sold its final 15.5% stake in Penske Truck Leasing to the former partners of the business for around $674m. Penske manages a fleet of around 250‘000 trucks across America.
The following data have been compiled by Globalscope for the service sector. Valuation trends for the past five years were analysed. The following graphs show average half-yearly transaction data, comparisons of individual sub-segments and data from listed companies as of mid-August 2017. The Total Market comprises companies and transactions in excess of USD 5 million. The Lower-Mid Market segment comprises companies and transactions in the range of USD 5 million to USD 150 million.