RL Hulett：2026年第一季度全球交通物流行业并购市场研究报告（英文版）（22页）.pdf

1、Transportation&Logistics M&A UpdateQ1 2026For more information on R.L Hulett or this report please visit our website at ,call us at(314)721-0607,or contact a professional listed on this page.REPORT HIGHLIGHTS In Q1,the T&L Industry Index decreased by 2.3%and outperformed the S&P,which decreased 7.1%

2、over the same period.The median EV/EBITDA multiple for reported strategic deals in the T&L sector decreased to 5.0 x in Q1 2026 from 12.7x in the prior year.M&A deal volume in the sector increased 14.6%in Q1 to 274 deals from 239 in Q4,and increased 9.6%from 250 deals in Q1 of the prior year.Europe

3、was the most active region in Q1 with 128 deals in the T&L sector.Most notably in Europe was Westinghouse Air Brake Technologies$960.0 million acquisition of Dellner Couplers,a Swedish manufacturer of train connection systems and related components,in February 2026.Total capital invested in M&A tran

4、sactions increased 76.4%in Q1 to$14.3B from$8.1B in Q4 due primarily to several large-sized transactions,including Allison Transmission Holdings acquisition of Dana Incorporated Off-Highway Drive&Motion Systems for$2.7B in January 2026.Transportation&Logistics M&A UpdateQ1 2026REPORT CONTRIBUTORSTre

5、vor HulettManaging DRyan HartmanACONTENTS3 Global Deal Analytics7 Valuation Multiples10 Leading M&A Deals13 Industry Outlook14 About R.L.Hulett16 Selected Transactions18 Our M&A TeamDax KugelmanATransportation&Logistics M&A Update|Q1 2026|Page 3Source:PitchBook DataGlobal Deal AnalyticsOf the 274 de

6、als in the T&L sector in Q1,Europe was the most active with 128.A notable European deal(in addition to the Dellner Couplers deal mentioned on the previous page)was BC Partners$943.9 million buyout of Fortidia,an Italian provider of shipping,logistics,and related business services,in March 2026.North