Consolidation trend Jun 2022
M&A advisor: acquisitions and mergers actively occurring in the building/construction trade, driven largely by labor scarcity
A business-sale advisor specializing in building/construction companies states that mergers and acquisitions are occurring at present, and that one of the two prime reasons is the chronic labor shortage in trades-based businesses, with buyers wanting the seller's staff retained. This is thematic M&A market commentary on the construction trade with no specific firm or PE sponsor named.
“You won't sell your business if you can't guarantee that there are some staff involved, because we know that trades -based businesses are always starving for labour. And without that labour, the business is actually dead in the water. And as I said earlier on, it's one of the two prime reasons why acquisitions and mergers are occurring at the moment because they want you to start.”
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