Engineering growth is a quarterly analysis of global merger and acquisition (M&A) activity in the engineering and construction (E&C) industry. It provides an overview of the most recent M&A results and our expectations for future deal activity.
Highlights of what this quarter's analysis revealed:
M&A activity accelerated sharply in the second quarter of 2015 with substantial increases relative to the prior quarter in both volume and value of transactions.
US non-residential construction markets continue to grow at a steady pace and indicators on housing starts and building permits indicate improving fortunes for residential builders.
Business restructuring and strategic alignment was among the primary drivers of M&A in the last quarter, though investor groups also had a major role.
Construction companies in recovering markets looked to expand scale domestically.