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华利安(Houlihan Lokey):2025年交通与物流科技年度回顾报告(英文版)(51页).pdf

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1、2025 Year in ReviewSector Coverage ReportTransportation&LogisticsTechnology UpdateIntroduction201Themes Driving Technology Investment Across Transportation and Logistics9022025 Review and 2026 Outlook 2103M&A and Financing Activity Within Transportation and Logistics Technology2604Public Markets Upd

2、ate 3905About Houlihan Lokey 44Inside the UpdateWhile the recent market volatility is at the forefront of investors minds,2025 was largely characterized by strong performance in technology stocks and an active M&A market,fueled by sustained optimism around AI-driven investments and productivity enha

3、ncements.M&A activity markedly increased in the second half of the year.After a slower start due to tariff-related uncertainty,which delayed some transactions(particularly in transportation technology),improving market sentiment and growing private equity activity led to a significant increase in de

4、al momentum with 2025 Tech M&A deal volume surpassing 2023 and 2024 activity.Our Transportation and Logistics Technology team was actively engaged in this evolving market,advising on several landmark transactions this year,including myKaarmas investment from Warburg Pincus.We look forward to connect

5、ing with you this year to share our insights and discuss the innovations were seeing across the eight core sectors we cover:automotive,aviation,maritime,off-road,transit and mobility,rail,supply chain,and trucking.We are pleased to issue Houlihan Lokeys Transportation and Logistics Technology Year i

6、n Review,which offers our views on 2025 and perspectives on trends shaping 2026.Best regards,Shane KaiserManaging Director,Head of Transportation and Logistics TechnologyHoulihan Lokeys Transportationand Logistics Technology Practice3Featured TransactionsTombstones included herein represent transact

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1. **市场表现**:2025年科技股表现强劲,M&A活动显著增加,下半年交易量超2023-2024年,AI驱动投资与生产力提升为主要动力。 2. **行业主题**:运输与物流技术领域核心主题包括AI应用(如预测性维护、动态路由)、劳动力短缺、资产效率提升及能源转型。 3. **关键数据**: - 软件M&A交易量2025年达4,992笔(历史均值5,246笔); - 交通物流技术指数年跌幅43%,受AI估值波动影响; - 81%汽车经销商认为AI是长期关键投资。 4. **交易动态**: notable交易包括Warburg Pincus投资myKaarma、Francisco Partners收购OEConnection等,PE干粉达1.9万亿美元。
AI如何重塑物流? 物流科技趋势? M&A市场如何?
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