Construction Services - Coverage Report March 2021

Published on: 03/19/2021

Capstone Headwaters has released its March 2021 Construction Services Industry Update, available for free download below.

Optimism in the Construction Services industry has been supported by an improving backlog of projects and heightened confidence for near-term sales and employment.  Merger and acquisition (M&A) activity in 2020 trailed prior year levels as Q2 experienced a drastic slowdown in transaction volume, however volume has surged through year-to-date (YTD) 2021.

Report highlights include:   

  • Rebound of M&A activity as strategics and private equity have reengaged in growth initiatives and portfolio enhancement.
  • Heightened motivations for business owners to transact ahead of potential tax changes under the new presidential administration, contributing to an increase in deal volume.
  • Professional services providers remain in high demand, with leading public companies trading at premium multiples.
  • Capstone anticipates robust consolidation throughout 2021 as the availability of debt financing and low interest rates create a favorable backdrop for transaction activity.

To learn more about the report, please reach out to Managing Director Darin Good.

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Key Contacts

Darin Good

Managing Director