North America’s construction & real estate industry saw a rise of 11.59% in deal activity during January 2021

21 February 2021 (Last Updated February 21st, 2021 23:35)

North America’s construction & real estate industry saw a rise of 11.59% in deal activity during January 2021, when compared with the last 12-month average, led by LafargeHolcim’s $3.4bn acquisition of Firestone Building ProductsLLC, according to GlobalData’s deals database.

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A total of 77 construction & real estate industry deals worth $8.12bn were announced for the region in January 2021, against the 12-month average of 69 deals.

Of all the deal types, M&A saw most activity in January 2021 with 62 transactions, representing an 80.5% share for the region.

In second place was private equity with eight deals, followed by venture financing deals with seven transactions, respectively capturing a 10.4% and 9.1% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in North America’s construction & real estate industry with $6.09bn, while private equity and venture financing deals totalled $1.92bn and $103.38m, respectively.

North America construction & real estate industry deals in January 2021: Top deals

The top five construction & real estate deals accounted for 98.7% of the overall value during January 2021.

The combined value of the top five construction & real estate deals stood at $8.01bn, against the overall value of $8.12bn recorded for the month.

The top five construction & real estate industry deals of January 2021 tracked by GlobalData were:

1) LafargeHolcim’s $3.4bn acquisition of Firestone Building ProductsLLC

2) The $2.64bn merger deal with Landcadia Holdings III and The Hillman Group

3) EQT Partners’ $1.87bn private equity deal with Exeter Property Group

4) The $50m private equity deal with Four Springs Capital Trust by Goldman Sachs Vintage Funds

5) Foundry Group, Greycroft Partners and Maveron’s venture financing of Caliza for $45m.