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  1. Deals Analysis
August 25, 2022

US construction & real estate industry sees a drop of 53.57% in deal activity in July 2022

By Carmen

US construction & real estate industry saw a drop of 53.57% in overall deal activity during July 2022, when compared with the last 12-month average, led by StepStone Group’s $300m private equity deal with Asia Capital Real Estate Management, according to GlobalData’s deals database.

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A total of 39 deals worth $505.1m were announced in July 2022, compared with the 12-month average of 84 deals.

M&A was the leading category in the month in terms of volume with 29 deals, which accounted for 74.4% of all deals.

In second place was private equity with six deals, followed by venture financing with four transactions, respectively accounting for 15.4% and 10.3% of overall deal activity in the US technology industry during the month.

In terms of value of deals, private equity was the leading deal category in the US construction & real estate industry with total deals worth $443.9m, while venture financing and M&A deals totalled $61.22m and $0m respectively.

US construction & real estate industry deals in July 2022: Top deals

The top five construction & real estate industry deals accounted for 100% of the overall value during July 2022.

The combined value of the top five construction & real estate deals stood at $505.1m, against the overall value of $505.1m recorded for the month.

The top five construction & real estate industry deals of July 2022 tracked by GlobalData were:

1) StepStone Group $300m private equity deal with Asia Capital Real Estate Management

2) The $143.9m private equity of Hill International by SilverEdge Government Solutions

3) Fifth Wall Ventures Management $38m venture financing deal with Assembly OSM

4) The $16.7m venture financing of Latchel by 1984 Ventures, Bain Capital Ventures, F-Prime, Hack VC, MetaProp Ventures and RiverPark Ventures

5) a16z, AIRBASE, BoxGroup, Brex, Exponent, Ramp and Third Kind Venture Capital $6.5m venture financing deal with Adaptive Real Estate

Related Companies

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.

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