-
Summary
As headlines spotlight AI-driven deals and high-growth tech valuations, a quieter but highly resilient segment of the market is gaining momentum. Investors are increasingly hungry for asset-heavy or domestic services targets that deliver stable cash flows, long asset lives, and insulation from rapid tech disruption. Join M&A practitioners as they discuss deal trends in niche sub-sectors where capital is flowing. Hear what strategic playbooks investors are using to drive durable returns and value in a shifting, AI-infused M&A landscape.
Our panelists will discuss:
- Key deal hypotheses, structures and characteristics fueling interest in this M&A trend
- Why low obsolescence targets are attracting capital amid market volatility and higher interest rates
- Valuation frameworks and risk considerations unique to capital-intensive assets
- Investment strategies focused on yield, resilience, and long-term value creation
Speakers
S&P Global Market Intelligence
Joe Mantone
Editorial Senior Lead, US Financial Institutions News
Joe Mantone is the News Desk Manager for the U.S. financial institutions group at S&P Global Market Intelligence and the author of a quarterly white paper on M&A and equity capital markets activity. He also hosts the new podcast The Pipeline: M&A and IPO Insights.
Joe joined the U.S. FIG team in 2008 and covered investment banks for more than 10 years before moving into his current role. Joe has been working as a business journalist for nearly 20 years and previously worked for The Wall Street Journal and the Crain Communications magazine, Modern Healthcare. Joe is based in New York.
He holds a master’s degree in journalism from Roosevelt University and a bachelor’s degree in journalism from Arizona State University.
S&P Global Market Intelligence
Nikitha Sattiraju
Chief Reporter for The Deal by With Intelligence
Nikitha Sattiraju is the chief reporter for The Deal by With Intelligence. She covers M&A in the consumer and services industries and frequently hosts the publication's private equity-focused podcast Behind the Buyouts. Prior to joining The Deal, she reported for Bloomberg News. Earlier, she was a freelance journalist in India covering agricultural policy and development.
S&P Global Market Intelligence
Joe Toomey
Associate Director, Business Development, Data & Research
Joe is an Associate Director within the Desktop Product & Market Development team with a focus on the Corporates and Professional Services segment. Joe is an Associate Director within the Desktop Product & Market Development team with a focus on the Corporates and Professional Services segment. He has been with S&P Global since 2012 working in various roles within the organization, including Client Support, CMBS analysis for S&P Global Ratings, and a Commercial rep for several different customer segments. He now oversees Product and Market Development for the Corporates and Professional Services workflows with a focus on the S&P Capital IQ Desktop.
Brown Gibbons Lang & Company (BGL)
Effram Kaplan
Co-Chief Executive Officer
Effram Kaplan is head of the firm’s Services & Infrastructure verticals where he leads the Environmental Services team which is ranked as a leader for the most transactions in this space over the last 10 years. He’s well versed in topics around the private market, infrastructure, environmental services and waste management, and broader M&A outlook - focused topics. He’s well-versed in live interviews, having appeared on Bloomberg, Yahoo Finance, Schwab Network, etc. and is a frequent keynote speaker at environmental services industry events such as Waste Today Corporate Growth Conference, Waste Expo, Recycling Today, etc.
Kinderhook Industries
Robert Michalik
Managing Director
Rob Michalik is the Managing Director at Kinderhook. He has over 25 years of investment experience in business services, with a particular focus on the environmental and industrial services sector.
Prior to Kinderhook, Rob was a Managing Director at Thayer Capital Partners, a middle market buyout fund, where he sourced, financed and negotiated private equity investments. Rob started his investment career in the Investment Banking division of Morgan Stanley, where he specialized in mergers & acquisitions.
Rob graduated from Yale University and received his MBA with Distinction from Harvard Business School, where he was a Baker Scholar.
Questions?
Please contact us if you need more information or have trouble accessing the webinar.