Acquisition transactions in the engineering sector last year had a double-digit falloff to the lowest level since 2013 and the sharpest decline rate since the recession, according to a new analysis by one sector consultant and deal broker.
As oil-and-gas markets struggle to recover, publicly owned construction industry firms with ties to the sector tried to paint the best possible outlook for investors at a June 2 conference, held in New York City by investment firm Credit Suisse.