One month into the second quarter of this year, overall deal count and dollar volume continue to decline, but a relative uptick in transport and mobility-related deals showed pockets of investment remain strong.
The transportation and mobility sectors outperformed other industries last month in an overall muted investment climate for corporate-backed deals.
There was a 77% increase in transport-related deals this April compared with the same month last year. While the monthly figures in this sector tend to fluctuate significantly, the recent spike is noteworthy given the potential for a recession and the recent fallout from…