Hillandale Advisors Featured in Axial's 2025 Industrials Top 50!
Industrials remains the most dominant sector in Axial deal flow, representing more than 25% of all deals brought to market via the platform over the past year. This strong showing reflects the sector’s vast subsector diversity—from specialty manufacturing and industrial services to logistics and distribution—and its ability to attract nearly all buyer types, including private equity firms, independent sponsors, and strategic acquirers. Industrials has maintained a top position in Axial’s quarterly SMB M&A Pipelineseries, reinforcing its reputation as a cornerstone of lower middle market activity and a magnet for sustained investor interest.
For a glimpse into how industrials deals are getting structured in the lower middle market, the snapshot below from Axial’s Winning LOI Hub features a selection of executed LOIs from a variety of industrials deals, offering a look at key deal terms in the sector.
Today, Axial is excited to release its 2025 publication of the Top 50 Lower Middle Market Industrials Investors and M&A Advisors: a list that features Axial’s 50 most active and sought-after members who specialize in transactions across various industrials sectors over the past 12 months (see footnote for full methodology). In addition to celebrating these Top 50 members, this feature includes reflections and insight from our recent Top 50 Industrials M&A Outlook survey.
Congratulations to these members for their achievements!
Insights From The Top Dealmakers
We asked deal professionals whose firms are featured on this list to share insights on the general industry landscape, business owner mentality, and key sub-sectors, including:
Aerospace & Defense
Chemicals
Construction & Engineering
Electrical Equipment & Components
Energy
HVAC
Industrial Technology
Machinery & Equipment
Metals & Mining
Transportation & Auto
Of the survey respondents — a combination of both the buy- and sell-side — 75% of them reported closing three or more deals in the industrials space in the past 12 months.
