Construction & real estate industry M&A deals in Q1 2020 total $7.54bn in US

22 April 2020 (Last Updated April 22nd, 2020 14:35)
Construction & real estate industry M&A deals in Q1 2020 total $7.54bn in US

Total construction & real estate industry M&A deals in Q1 2020 worth $7.54bn were announced in the US, according to GlobalData’s deals database.

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The value marked a decrease of 64.1% over the previous quarter and a drop of 30.2% when compared with the last four-quarter average of $10.8bn.

The US held a 21.6% share of the global construction & real estate industry M&A deal value that totalled $34.89bn in Q1 2020.

In terms of deal activity, the US recorded 177 deals during Q1 2020, marking a rise of 20.4% over the previous quarter and a rise of 10.6% over the last four-quarter average.

The US construction & real estate industry M&A deals in Q1 2020: Top deals

The top five construction & real estate industry M&A deals accounted for 96.4% of the overall value during Q1 2020.

The combined value of the top five construction & real estate M&A deals stood at $7.27bn, against the overall value of $7.54bn recorded for the month.

The top five construction & real estate industry deals of Q1 2020 tracked by GlobalData were:

1) Simon Property Group's $3.6bn acquisition of Taubman Centers

2) The $2.3bn acquisition of Front Yard Residential by Amherst Residential

3) PowerTeam Services's $850m acquisition of Miller Pipeline and Minnesota Limited

4) The $381m acquisition of DEFENDERS by ADT

5) U.S. Concrete's acquisition of Coram Materials for $142m.

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.