DC Advisory ranks top three globally for mid-market Industrials M&A in 2025
Date
5 min read
18 February 2025: DC Advisory, an international investment bank committed to making a difference, today announces that DC Advisory / Daiwa Securities has ranked in the top three advisors for mid-market Industrials transactions closed in 2025.
In 2025, DC Advisory advised private equity and corporate clients globally, notably closing deals in sustainability-led transformation, Defense technology, Infrastructure services, built environment solutions and strengthening supply chain resilience.
These included:
- Perwyn on its sale of Lowe Rental to MML Keystone, a global provider of sustainable, asset-backed rental solutions;
- Motherson on its acquisition of Japanese automotive components manufacturer Yutaka Giken, reinforcing cross-border supply chains between Asia and global OEMs;
- Laxton on its majority investment from DNP, creating a more vertically integrated identity‑management platform serving governments and institutions worldwide;
- Sun European Partners on the sale of Wescom Signal & Rescue, supporting continued growth in global defense and safety technologies to US private investor, Albion River; and
- Aries Defense on its sale to Sigma Defense, enhancing next-generation defense technology capabilities across ISR, sensor integration and secure tactical networks
These results follow considerable investment and collaboration across the firm, with over 65 senior Industrials bankers in 14 locations, and nearly one-third of the transactions closed by the group in 2025 included a cross-border element.
Richard Madden, European Executive Chairman, DC Advisory, said: “As we look to 2026, we are increasingly positive for the Industrials sector. Market conditions have begun to stabilize, valuation expectations are coming closer together, and we are already seeing signs of renewed momentum in a sector that weathered a challenging macro environment in 2025.”
Bill Kohr, US CEO, DC Advisory, said: “Achieving a top‑three global position is a testament to the relentless focus we have on making a difference to clients, around the world. We’re seeing real momentum across Industrial subsectors, with investors prioritising platforms that support energy transition, ease pressure on power grids, and build more resilient supply chains.”
Koki Kaita, Senior Managing Director, Daiwa Securities, added: “We are proud to rank in the top three advisors for Industrials mid-market M&A globally. Industrials is a focus area for Daiwa, and we remain committed to building on our legacy of advising private equity clients and large-scale corporates in the sector.”
About DC Advisory
DC Advisory is an international investment bank committed to making a difference. As part of an established global business, we offer access to over 750 professionals in 24 locations throughout Asia, Europe, and the US. Across 11 industry and product-focused teams, we offer tailored, independent advice on M&A, debt raisings and restructurings, private capital markets, secondary advisory, and access to unrivaled Asia investment knowledge. For more information, visit https://www.dcadvisory.com/about-us/
*As part of Daiwa Securities Group Inc., DC Advisory benefits from a long-standing, committed investor to build a business dedicated to the needs of our global clients. Find out more >
What to read next
Date
5 min read
Sector
- Industrials
Contact form
Thank you!
Your message has been received by DC Advisory so you'll hear back from us soon.
We collect your personal data if you sign up to receive news or get in touch with us. This is collected by third-party firms on our behalf. We have three separate lists:
- DealCloud - which we use as our CRM. DealCloud privacy statement is available here: https://www.intapp.com/privacy/
- SalesForce - which we use as our CRM. SalesForce privacy statement is available here: https://www.salesforce.com/uk/company/privacy/
- Spotler - which we use to send email marketing campaigns. Spotler privacy statement is available here: https://spotler.co.uk/privacy-policy/
Application form
Thank you!
Your message has been received by DC Advisory so you'll hear back from us soon.