2025 could be a big year for contractor acquisitions and consolidation

Neil Gerrard Senior Editor, Construction Briefing

06 January 2025

A magazine-style illustration showing a futuristic data center under construction. The scene features specialty contractors actively working Image generated using artificial intelligence.

The latter half of 2024 saw a flurry of deals to buy construction contractors in the US, involving both institutional and strategic investors. Could 2025 be an even bigger year for investors looking to buy into a promising sector, and consolidation among existing players?

The world of mergers and acquisitions (M&A) has its own language.

“Dry powder?” That’s uninvested capital to you. “Animal spirits?” That’s emotional factors influencing business decisions.

And as Construction Briefing learned from speaking to experts in the field, there’s both plenty of dry powder ($2 trillion worth) and a maelstrom…

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