FMI's 2017 M&A Trends for Engineering and Construction
This year FMI started what we hope becomes an annual survey of large E&C firms to assess their appetite for acquisitions in the next year. Based on our survey, it appears that in addition to the number of sellers looking to transition ownership, many large firms view acquisitions as a key component to their current growth strategy.
As project sizes grow, and as the share of megaprojects rises as a percent of total construction put in place, the demand for large, technically sophisticated firms has increased. Coupled with this is the continued integration of design and construction, both in terms of project delivery and business models. Both trends have led large E&C players to increase their acquisition activity, especially engineering and design firms.
