Despite recession worries and slower M&A activity globally, the engineering industry bucked the trend. In fact, 2022 was another record year of growth, profitability, and consolidation for design firms of all sizes and disciplines. Buyers, led by an ardent group of serial acquirers and private equity platforms, continue to absorb targets for synergy and scale. Today’s owners are selling for a variety of reasons including age, lack of internal options, valuations and legacy. Steve will highlight current M&A trends and tactics, drivers of activity, typical deal structures, and if rampant consolidation been “healthy” for our industry.
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Presenter: Steve Gido, CFA, Principal, ROG Partners