Quarterly Industry Update: Engineering & Construction - Q4 2020

Quarterly Industry Update: Engineering & Construction - Q4 2020

Synopsis
6 Minute Read

Engineering and construction merger and acquisition (M&A) activity in Q4 2020 exceeded $850 million in disclosed transaction value across 104 deals in Canada and the US. The largest transaction in the quarter was First Reserve Corporation’s acquisition of The Goldfield Corporation for $271 million. In the last 12 months, 90% of acquirers have been strategic parties while 10% have been financial sponsors. Although private equity firms still boast a strong cash position, many firms continue to focus on guiding current portfolio companies through the COVID-19 turmoil.

Engineering and construction merger and acquisition (M&A) activity in Q4 2020 exceeded $850 million in disclosed transaction value across 104 deals in Canada and the US. The largest transaction in the quarter was First Reserve Corporation’s acquisition of The Goldfield Corporation for $271 million. In the last 12 months, 90% of acquirers have been strategic parties while 10% have been financial sponsors. Although private equity firms still boast a strong cash position, many firms continue to focus on guiding current portfolio companies through the COVID-19 turmoil.

Download PDF to view full report

Insights

  • Confidence

    August 22, 2025

    Is your financial entity prepared for FINTRAC’s anti-money laundering (AML) compliance crackdown?

    Is your financial entity ready for an examination from FINTRAC? Discover where financial entities are falling short and strengthen your AML program.

  • Progress

    August 21, 2025

    How to make the most of your clinic or practice valuation

    Find out what you need to know to understand, read, and improve the valuation of your clinic or practice with this guide designed especially for professionals.

  • Confidence

    August 21, 2025

    Beyond green: Cleantech as a business strategy in Canada

    How will cleantech impact your business? Leveraging the right technologies and federal support can help your business drive growth and stay competitive.