US construction & real estate industry saw a rise of 34.43% in overall deal activity during March 2021, when compared with the last 12-month average, led by Slate Asset Management’s $2.33bn private equity deal with Annaly Capital Management, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 82 deals worth $6.98bn were announced in March 2021, compared with the 12-month average of 61 deals.

M&A was the leading category in the month in terms of volume with 53 deals, which accounted for 64.6% of all deals.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was venture financing with 15 deals, followed by private equity with 14 transactions, respectively accounting for 18.3% and 17.1% of overall deal activity in the US technology industry during the month.

In terms of value of deals, M&A was the leading deal category in the US construction & real estate industry with total deals worth $4.22bn, while private equity and venture financing deals totalled $2.43bn and $328.91m respectively.

US construction & real estate industry deals in March 2021: Top deals

The top five construction & real estate industry deals accounted for 93.4% of the overall value during March 2021.

The combined value of the top five construction & real estate deals stood at $6.52bn, against the overall value of $6.98bn recorded for the month.

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

1) Slate Asset Management’s $2.33bn private equity deal with Annaly Capital Management

2) The $2.29bn acquisition of Columbia Property Trust by 8F Investment Partners, Arkhouse Partners and AS8888

3) The $1.28bn merger of BowX Acquisition and WeWork Companies

4) The $375m acquisition deal with StonePoint Materials by Arcosa

5) Fluidra’s acquisition of Custom Molded Products for $245m.