Contact

Nolan Gutenschwager is a Vice President in PMCF’s Industrials team and has more than five years of experience working with middle market clients. Nolan is responsible for providing transaction support for sell side, buy side, and capital raising services, focusing on financial and strategic analysis, valuation, industry research, due diligence, and the preparation of client marketing materials.​

Prior to joining PMCF full-time, Nolan worked as a Summer Analyst at Calder Capital. He earned a BA in finance from the Eli Broad College of Business at Michigan State University, graduating with high honors. He is a licensed securities representative holding his Series 82 and 63 registrations.​

Publications

The flow control industry continues to experience robust consolidation activity, driven by companies seeking greater scale, expanded geographic reach, and broader product offerings. Strategic acquirers and private equity investors remain active buyers, supported by attractive long-term industry fundamentals, including aging infrastructure, recurring aftermarket revenue streams, and increasing automation and monitoring requirements.

Read More

U.S. Industrial Manufacturing M&A activity accelerated meaningfully in Q1-26, with 113 announced transactions.

Read More

U.S. distribution M&A activity remained relatively stable in Q1-26, with 78 announced transactions compared to 82 in the prior-year period, reflecting a resilient domestic backdrop despite a somewhat uneven macroeconomic environment.

Read More

Q4 2025 – QUARTERLY M&A MARKET RECAP U.S. Industrial Manufacturing M&A activity stabilized in Q4 2025, with 81 announced transactions. While Q4 deal volume declined 22.1% year over year, this represented an improvement from Q3 2025’s 77 announced transactions. Compared to Q1 2025, Q4 activity increased 14.1%, signaling a gradual recovery toward more normalized deal…

Read More

Q4 2025 reflected lower transaction volumes alongside sustained strategic engagement. Global distribution M&A activity declined 36% year over year during the quarter, with U.S. volumes exhibiting a similar contraction.

Read More