Looking at data for the whole year, in the lower middle market, most transactions occurred in these industries: Construction/engineering (21%), manufacturing (16%), personal services (10%), and consumer goods (10%).
![Lower Middle Market Business Sales By Industry 2022 Business Sales](https://www.deltabusinessadvisors.com/wp-content/uploads/2023/03/2023-03-15-DBA-Final@0.5x.jpg)
Looking at data for the whole year, in the lower middle market, most transactions occurred in these industries: Construction/engineering (21%), manufacturing (16%), personal services (10%), and consumer goods (10%).