Applied Industrial Technologies, Inc. (NYSE:AIT) is looking for M&A. During Fiscal 2023 Second Quarter Earnings Call Neil Schrimsher, President and Chief Executive Officer said, "Our M&A pipeline is active across our priority areas of fluid power, flow control and automation. We remain disciplined as always and continue to evaluate a number of attractive M&A opportunities that could enhance our growth and competitive position going forward". Dave Wells, Chief Financial Officer said, "Overall, we're in a great position to continue to drive our strategic priorities going forward, including remaining proactive across our organic expansion initiatives as well as executing ongoing accretive M&A".