Whilst trade acquisitions continued to dominate activity in the sector, with 60% of all transactions, it was the busiest year for more than a decade for private equity activity in the sector, with seven private equity backed buy-outs in total, up from five in 2021.
Additionally, it was interesting to see the amount of cross border dealmaking increase in both directions with five outbound deals, up from one in 2021, and seven inward transactions, up from five the previous year.
In terms of deals involving UK targets, North West England proved to be a hotspot, topping the table with eleven transactions announced followed by London with eight.
Looking forward, activity in the civil engineering sector appears to be continuing with the likes of RSK Group already completing six transactions so far this this year and no doubt having more in the pipeline.
The next step
If you have any questions regarding this insight, please contact Andrew Hancock.
