The Livingstone Global Business Services Report provides insights into the trends and activities driving one of the largest sectors of the global economy. A sector of extreme breadth and depth, the industries contained within it generally consist of asset-light, people-heavy businesses, providing low barriers to entry due to lower capital requirements.

In this issue, we examine leverage numbers to figure out what has kept leverage in a reasonably tight band since the recession, go inside M&A deal volumes to look ahead into 2020, explore the effect climate change may have on property services M&A, track the evolution of the Spanish industrial services sector, discuss the global paradigm shift taking place in the legal services delivery model, expound on the state of IT Services M&A, and ask what is next for UK recruitment given the country’s current predicament.

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By Brennan Libbey

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