Zweig Group finds more design firms considering acquisitions
Zweig Group in the U.S. has recently released 2015 Merger & Acquisition Survey of Architecture, Engineering, Planning & Environmental Consulting Firms. The survey finds that the number of firms in the industry considering M&A activity is on the rise.
The survey found that the percentage of firms considering buying another firm increased slightly this year to 42%, and more than two-thirds of firms (68%) report M&A is in their strategic plan for the next five years. Among firms looking to make an acquisition, the highest-ranked reason for an acquisition is to enter new markets. Civil engineering services and firms working in the commercial development market, have the most demand, with half or more of potential buyers interested.
The survey is in its 25th edition. It goes benchmarking statistics and provides descriptions of more than 300 transactions of AEC firms that have bought, merged, or sold since 2009.
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