Total construction & real estate industry M&A deals worth $2bn were announced in the US in October 2021, with Gazit Hercules 2020’s $1.68bn acquisition of Atrium European Real Estate being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked an increase of 191.1% over the previous month of $690.53m and a drop of 56.2% when compared with the last 12-month average of $4.59bn.
The US held a 12.50% share of the global construction & real estate industry M&A deal value that totalled $16.08bn in October 2021.
In terms of M&A deal activity, the US recorded 47 deals during October 2021, marking a decrease of 4.08% over the previous month and a drop of 6.00% over the 12-month average.
US construction & real estate industry M&A deals in October 2021: Top deals
The top five construction & real estate industry M&A deals accounted for 100% of the overall value during October 2021.
The combined value of the top five construction & real estate M&A deals stood at $2.01bn, against the overall value of $2bn recorded for the month.
The top five construction & real estate industry M&A deals of October 2021 tracked by GlobalData were:
1) Gazit Hercules 2020 $1.68bn acquisition deal with Atrium European Real Estate
3) Clough North America Holding $28.25m acquisition deal with JJ White
4) The $1.5m acquisition of North Star Developers by Inc. and Legends Business Group
5) US LBM Holdings $0m acquisition deal with Oldham Lumber
Verdict deals analysis methodology
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.