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 in the E&C industry declined during the first quarter of 2015, after a near-record setting year in 2014.
Deal value and volume declined significantly compared to the fourth quarter of 2014, but the results were on-par with the first quarter of 2014, seeing only a slight decline in deal value.
The first quarter of 2015 had a total of 34 deals worth more than $50 million, which was the same number of deals announced during the first quarter of 2014.
Deal value dropped 72.2 percent from $54.1 billion and deal volume dropped nearly 50 percent from 64 deals.
Consistent with previous quarters, regionally, Asia and Oceania had the highest number of deals worth more than $50 million, with 25 deals occurring in the region.