Capstone Partners：2025年度美国工业领域并购动态报告：中端市场交易活动及展望（英文版）

The Industrials industry benefited from long-term growth drivers including governmentspending commitments for data centersalternative energy production, industrialautomation, and U.S. manufacturing projects.Private equity firms played an active role in theM&A market, leveraging uninvested capital topursue platform and add-on acquisitions.However, geopolitical uncertainties, a strictregulatory environment, and supply chaindisruptions continued to influence strategicdecisions within the Ind