The Peter Warren–Wakeling transaction is a textbook example of a well-structured deal caught in the slow lane — not by market conditions, but by the machinery of government approval.
Over nearly four decades advising business owners, one pattern stands out more than any other. The best decisions — the ones that genuinely changed the trajectory of a business — were rarely made by spreadsheet alone.
Australia's commercial cleaning sector is a significant and growing part of the economy. According to IBISWorld, the sector generates over $20 billion in annual revenue, is supported by more than 44,000 businesses, and employs over 209,000 people nationwide.
We recently facilitated the acquisition of IUP by Ambor Structures — and we think this deal says something important, not just about two companies finding a good fit, but about the broader conditions shaping mid-market M&A activity right now.
The deal market remains in good shape as we move further into 2026, despite what most people are predicting as the short-term disruption resulting from the recent geopolitical event in the Middle East.