Through the first six months of 2018, AEC industry M&A continued at a rapid pace, averaging more than 20 transactions announced per month. Activity currently does not show any significant signs of a slowdown and could increase if a long-term infrastructure plan becomes a reality.
- Current revenue growth rate is less than the average of the last 3 years, indicating that the market may be flattening or declining
- Current gross profit margin exceeds the average of the last 3 years gross profit margin, indicating supplier pricing power
- Current EBITDA margin exceeds the average of the last 3 years EBITDA margin, a condition that may attract new entrants