FMI is a leading consulting and investment banking firm dedicated to serving companies working within the built environment. Our professionals are industry insiders who understand your operating environment, challenges and opportunities. FMI’s sector expertise and broad range of solutions help our clients discover value drivers, build resilient teams, streamline operations, grow with confidence and sell with optimal results.
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Our experienced consultants leverage decades of industry-specific expertise and proprietary insights to improve your company. We advise in areas such as strategy, leadership and organizational development, technology, compensation and operational performance. And because we have decades of industry-specific experience, we know what drives long-term success and how to help you achieve it.
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Our fully dedicated and experienced investment banking teams advise clients across sectors of the built environment on sell-side and buy-side transactions, private capital placements and other financial services. We maximize outcomes through our extensive market knowledge, strong technical expertise and network of deep industry relationships. Let us help you chart your future.
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Total U.S. construction put in place is estimated to decline 1% in 2025, then in 2026 rise 1% to $2.2 trillion. Growth across sectors remains uneven, with data centers and infrastructure work offsetting softer cyclical building segments including multifamily, lodging, commercial, traditional office, amusement and recreation, and manufacturing.
FMI’s 2026 Construction Materials Outlook points to a steadying market supported by firm pricing, improving operating conditions and durable public and private demand. M&A activity remains active but disciplined, with companies focused on strategic positioning, asset quality and long-term fundamentals rather than short-term growth.
When projects miss profit targets, it’s rarely because teams lack skill. It’s because they lack discipline under pressure. If you want predictable profitability in an increasingly volatile environment, Part 2 of FMI's Project Management Study is a must-read. Discover why some contractors consistently deliver predictable results while others experience execution chaos.
Building products M&A enters 2026 with renewed momentum following improved activity in late 2025. Strategic buyers continue to lead transactions, while private equity remains disciplined and focused on targeted opportunities. Read our latest update for insights into deal trends, construction market conditions and input pricing dynamics shaping the outlook for building products in 2026.
“FMI has meaningfully moved the needle in every aspect of our business. I find the FMI consultants to be available, helpful and ready to engage with us as we need them to be. They do an excellent job of addressing the needs of our organization and not necessarily driving their own needs.”
"From start to finish, our FMI team guided us thoughtfully and expertly through the process. Their experience and knowledge of the industry together with specifics about our business helped us create a managed game plan, even during the pandemic. Their strong advocacy and patient, comprehensive support throughout the diligence and negotiation process helped us find the right solution for our business and our people."
Every consultant we’ve worked with is someone we’ve considered to be one of the top experts in that field. They are very skilled, capable, insightful and have discipline to diagnose and then prescribe, and good follow-up in terms of the implementation. They have a very thorough set of services, from the initial meeting all the way through to implementation and outcomes.
Our consultants and bankers bring sector-specific expertise to help you achieve your goals and generate successful outcomes.
