Q2 2026 Deal Report
Published April 1, 2026
Quarter at a Glance
847
Closed Deals
$2.3B
Total Deal Value
$2.8M
Average Deal Size
Most Active Industries
| Industry | Deals | Avg Multiple |
|---|---|---|
1HVAC | 142 | 4.2x |
2Dental Practice | 98 | 5.1x |
3Plumbing | 87 | 3.8x |
4MSP/IT Services | 76 | 4.5x |
5Home Health | 65 | 4.8x |
Most Active Markets
1Texas
124 deals2California
98 deals3Florida
87 deals4New York
65 deals5Ohio
54 dealsKey Market Trends
- PE buyer activity remains strong in home services, with HVAC leading deal volume
- Dental DSO consolidation continues at record pace with premium multiples
- Search funds increasingly active in the $1-3M EBITDA range
- Seller expectations normalizing after 2024-2025 peak valuations
- Technology-enabled services commanding 0.5-1.0x multiple premium
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