In this Consumer M&A Industry Update, we explore the M&A activity and projections for the Health & Wellness Area of Expertise within the M&D industry. Our Consumer Practice experts share their insights on the current state of the Health & Wellness M&A market and look at the factors influencing the broader Consumer industry.
Top 5 Takeaways from Q3 2024 Health & Wellness Industry Update:
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Resilient Consumer Spending Despite Headwinds – U.S. consumer spending continued to grow quarter-over-quarter, driven by wage growth outpacing inflation (+1.6%) and a strong labor market. However, depleted excess savings may present challenges in sustaining this trend moving forward.
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Natural & Organic Foods Lead Valuations – The Natural & Organic Foods category outperformed the broader market with a TEV/EBITDA multiple of 13.5%, reflecting strong demand for health-conscious, sustainable, and ethically sourced products.
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Activewear Remains a High-Performing Category – The Activewear segment achieved a sector-leading TEV/EBITDA multiple of 15.7x, driven by the continued blending of fitness and fashion, social media influence, and demand for versatile athleisure apparel.
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Strategic Buyers Drive M&A Activity – Strategic acquirers focused on sectors like CPG Food & Beverage, Personal Care, and Sports & Recreation, targeting companies with proven resilience, strong brand equity, and sustainable growth potential.
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Rising Demand for Supplements and Wellness Products – The Supplements sector showed stable growth with a TEV/EBIDA multiple of 9.7x, reflecting heightened consumer focus on cognitive health, stress management, and natural remedies, particularly among younger, health-conscious demographics.
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To read the full Health & Wellness Industry Update, download below
If you are interested in discussing any of the analysis from this report, or if you would like to discuss your own transaction goals contact either Jack Freeman, Vice President focusing on Health & Wellness or Carl Miller, Managing Director of Consumer Practice.
Disclosure
This news release is for informational purposes only and does not constitute an offer, invitation or recommendation to buy, sell, subscribe for or issue any securities. While the information provided herein is believed to be accurate and reliable, Objective Capital Partners and BA Securities, LLC make no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. All information contained herein is preliminary, limited and subject to completion, correction or amendment. It should not be construed as investment, legal, or tax advice and may not be reproduced or distributed to any person. Securities and investment banking services are offered through BA Securities, LLC Member FINRA, SIPC. Principals of Objective Capital are Registered Representatives of BA Securities. Objective Capital Partners and BA Securities are separate and unaffiliated entities.