Industry consolidation continues in the first half of 2023, although at a slower pace from last year’s record levels. While some buyers remain active pursuing new M&A opportunities, others are taking stock to carefully integrate targets they acquired over the last year. Sellers, driven by ownership transition challenges and market timing, generally enter discussions with strong financial performance and forecasts. Private equity continues to make its presence felt with new 2023 recapitalizations and investments.

In addition, a confident and resilient industry, marked by record backlogs and talent shortages, is also assessing the ramifications of a slowing macroeconomic climate.

Join Steve Gido to assess the current M&A environment, highlight recent notable transactions, examine typical deal structures and scenarios, discuss valuation trends, and look at what’s driving buyers and sellers today.

TAKEAWAYS:

• The current state of the M&A industry for engineering firms – buyers, sellers, PE investors, motivations, and risks
• Best practices on sensible integration
• The process of putting a transaction together from courtship to closing
• Industry valuations and transaction structures

Presenter: Steve Gido, CFA, Principal, ROG Partners