Key Trends in the Market
The 2024 U.S. construction materials market remains resilient, backed by strong demand and stable funding from the Infrastructure Investment and Jobs Act (IIJA). This steady performance comes in the face of economic headwinds, as companies capitalize on price increases to counteract inflation. Producers of aggregates and asphalt are poised to benefit from the influx of spending for roads and bridges. Ready-mixed concrete producers aim to diversify end markets to offset a potential slowdown in residential construction by focusing on sectors such as manufacturing, data centers and warehousing/distribution.
As the global economy faces uncertainty, many large construction materials companies are pursuing bolt-on acquisitions to solidify their existing footprints and capture market share in target geographies. Companies with strong operating performance, skilled labor forces and robust equipment positions will continue to be attractive targets for acquisition.
How We Help
Clients rely on our long-term dedication to being part of the construction materials sector and the expertise we’ve developed over 35 years working on more than 100 completed transactions. The advice you receive working with us is grounded in our relationships with companies and associations across the country.
Because we focus on meeting one-on-one with owners, buyers and other key construction materials decision-makers, you’ll benefit from our knowledge of the latest trends, initiatives and information. Our active engagement also helps us produce industry-leading studies and thought leadership, helping you stay on top of what’s most important in the current operating environment.
We have a full team of experienced professionals able to offer you the services of a large firm, yet bringing the creativity and agility of a small team that’s focused on your company. If you’re thinking of selling your company, you’ll benefit from our active engagement with market participants, deep knowledge of the appropriate buyer, and regional expertise. We recognize your time is valuable, and you can rely on our team of experts to facilitate a smooth, confidential process that maximizes value, certainty and speed to close. If needed, we also have a consulting team dedicated to construction materials companies who can help you achieve your goals.