Acquisition has been a key component of construction-firm growth strategy in recent years. Recent surveys indicate that economic and political uncertainties have slowed the buying and selling trend in 2012, which makes attention to risk factors in an M&A deal all the more critical.
PricewaterhouseCoopers reported 30 global engineering- and construction-sector deals (those worth $50 million or more), for a total of $11.8 billion, in this year's third quarter ending Sept. 30, compared to 52 deals worth nearly $22.7 billion for the same quarter last year.