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LSJ Advisory

M&A advisory for
Business Services

Fragmented markets. New business models. Plenty of opportunities for entrepreneurs and investors.

Business Services is one of LSJ Advisory's core focus sectors. As the German economy undergoes ongoing structural change, specialised service companies are becoming increasingly important. At the same time, fragmented market structures, professionalisation and consolidation are opening up attractive opportunities for organic growth and M&A. Our coverage spans six selected sub-sectors whose business models, market structures and M&A potential we follow particularly closely.

Selected references in
Business Services

Business Services
in transition

Many markets for business services are undergoing fundamental change. Digitalisation and AI, skills shortages, outsourcing, regulatory requirements and rising investment needs are transforming business models. At the same time, acquisitions and buy-and-build strategies are opening up attractive growth and consolidation opportunities for companies and investors. These are exactly the markets we operate in. Our coverage spans six selected sub-sectors in which we follow these developments particularly closely.

Structural trends such as the high need for investment, modernisation and decarbonisation in existing buildings and infrastructure – further supported by Germany's €500 billion special fund for infrastructure and climate neutrality – as well as the growing use of flexible, service-based business models, skills shortages and outsourcing, digitalisation and the increasing use of artificial intelligence are creating additional growth momentum. At the same time, rising regulatory requirements are increasing the complexity of many service markets. M&A is therefore an essential part of strategic development and consolidation in many of our sub-sectors.

Six sub-sectors, in-depth market knowledge

We continuously engage with our six sub-sectors and maintain close dialogue with companies, strategic buyers and financial investors. This allows us to follow market and M&A developments, know what buyers are currently looking for and understand which service models are in demand. We use this knowledge and our established network to give our clients well-founded advice on strategic decisions and M&A transactions.
Geschäftspartner im Beratungsgespräch mit Unterlagen und Laptop

Consulting & Advisory

Specialised consulting firms with deep expertise and long-standing client relationships.

  • Management consulting
  • Tax advisory
  • Auditing
  • Energy & ESG Consulting
  • Procurement & purchasing
Consulting & Advisory
Increasing complexity, regulatory requirements and the growing need for specialised know-how are supporting the structural growth of many advisory fields while driving consolidation in many consulting markets.
Laptop mit digitaler Softwareoberfläche bei der Arbeit an einer IT-Anwendung

IT & Digital Services

Technology- and digitalisation-focused services.

  • IT Consulting
  • SAP and ERP consulting
  • Managed IT & Cloud
  • Cyber Security
  • Digital Transformation
  • Digital & Performance Marketing
  • Tech-enabled Healthcare Services
IT & Digital Services
Cloud migration, cyber security, the digitalisation of business processes and, above all, the increasing use of artificial intelligence are changing business models and value creation while creating new growth areas for specialised providers.
Kettenbagger bei Erdarbeiten auf einer Baustelle

Equipment-as-a-Service

Service-oriented rental and provision of machinery and specialist equipment.

  • Construction equipment & safety solutions
  • Mobile power, climate control & pump solutions
  • Temporary space & infrastructure solutions
  • Industrial, material handling & specialist equipment
  • Commercial vehicles & transport equipment
  • Load carriers & reusable packaging
Equipment-as-a-Service
The shift from ownership to flexible use, high service shares and recurring customer relationships make these business models particularly attractive to strategic buyers and financial investors.
Umspannwerk mit Transformatoren und Hochspannungsleitungen

Infrastructure Services

Services for the planning, construction, modernisation and maintenance of critical infrastructure.

  • Energy & utility infrastructure
  • Telecommunications & digital infrastructure
  • Transport & mobility infrastructure
  • Water & wastewater infrastructure
  • Renewable energy & charging infrastructure
  • Municipal infrastructure & environmental services
Infrastructure Services
High modernisation needs and the transformation of energy, communication and utility networks are driving structural growth and attractive M&A prospects.
Baukräne über einer städtischen Baustelle mit modernen Gebäuden

Building Lifecycle Services

Services along the entire building lifecycle.

  • Architecture & engineering services
  • Construction services
  • Building services (MEP)
  • Exterior & interior finishing
  • Facility & Property Management
  • Damage restoration & pest control
  • Demolition, disposal & recycling
Building Lifecycle Services
Fragmented market structures, growing renovation and modernisation needs and increasing requirements for energy efficiency and decarbonisation are driving the professionalisation and consolidation of the market.
Silhouetten von Geschäftsleuten im Austausch in einem modernen Bürogebäude

Human Capital Management Services

Services relating to the recruitment, deployment and development of skilled workers and staff.

  • Temporary staffing
  • Recruitment
  • HR Outsourcing & Consulting
  • Talent development
Human Capital Management Services
Skills shortages, more flexible working models and the growing need for specialised qualifications are changing the market for good and creating opportunities for growth.

Our M&A services for
Business Services

We support entrepreneurs, mid-sized companies and financial investors in the Business Services sector with divestments, acquisitions and buy-and-build strategies, from the initial assessment through to a successful closing.
We advise on the divestment and acquisition of IT service providers, engineering firms and building and infrastructure service providers. We provide access to owners and support you through to the completion of a transaction.
We support private equity investors and portfolio companies in building and expanding platforms in fragmented service markets. We identify suitable add-ons and support the acquisitions through to closing.

Let's talk about your company

Divestment, acquisition or succession in the Business Services sector: in a confidential initial meeting, we discuss your starting position, possible options and next steps.