In the third quarter, engineering and construction deal activity declined significantly in volume, and total deal value also fell, although to a lesser degree. Average deal value nevertheless increased by almost one-third as a result of larger deals, including two mega-deals (valued at $1 billion or more) in the civil engineering segment.
Engineering growth is a quarterly analysis of global merger and acquisition (M&A) activity in the engineering & construction industry. Each edition includes an overview of M&A results for the quarter, the significant drivers of these results, and expectations for deal activity in the quarters to come.
Here's a snapshot of the M&A trends covered in this quarter's analysis:
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