It’s clear from our survey that deal flow for the staffing and workforce solutions industries in 2023 will likely be slower than in recent years, but there is still a strong appetite for certain types of deals. The most attractive segments are IT, Healthcare and Multiple Professional Staffing, with the US being the most attractive country for potential buyers. Despite the slow pace, strategic buyers should continue to lead the way. Trade buyers have benefitted from less competition and lower valuations, while smaller purchases and add-on acquisitions will be more common. Finally, the majority of deals will be for businesses valued below USD 50 million.