Construction & real estate industry M&A deals in Q3 2020 total $4.73bn in US

5 November 2020 (Last Updated November 5th, 2020 20:07)

Construction & real estate industry M&A deals in Q3 2020 total $4.73bn in US

Total construction & real estate industry M&A deals in Q3 2020 worth $4.73bn were announced in the US, according to GlobalData’s deals database.

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The value marked an increase of 397.8% over the previous quarter and a drop of 58.1% when compared with the last four-quarter average of $11.29bn.

The US held a 23.5% share of the global construction & real estate industry M&A deal value that totalled $20.17bn in Q3 2020.

In terms of deal activity, the US recorded 115 deals during Q3 2020, marking a rise of 49.4% over the previous quarter and a drop of 19.01% over the last four-quarter average.

The US construction & real estate industry M&A deals in Q3 2020: Top deals

The top five construction & real estate industry M&A deals accounted for 84% of the overall value during Q3 2020.

The combined value of the top five construction & real estate M&A deals stood at $3.97bn, against the overall value of $4.73bn recorded for the month.

The top five construction & real estate industry deals of Q3 2020 tracked by GlobalData were:

1) Builders FirstSource's $2.5bn acquisition of BMC Stock

2) The $900m acquisition of Jernigan Capital by NexPoint Advisors

3) LF Capital Acquisition's $510m acquisition of Landsea

4) The $45m acquisition of Window Installation Specialists by Exchange Income

5) Global Medical REIT's acquisition of Inter-American Group Holdings for $17.6m.

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.