11 Acquisitions of Companies in the Construction Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Construction industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 11 acquisitions that took place in the Construction industry.

PVI Industries acquired by Watts Water Technologies

Details about the transaction:

Acquisition amount:

$79,200,000

Announcement:

3 November 2016

Details about the company:

Engineer-specified plumbing and heating equipment is produced by PVI for new building.

Headquarter:

Fort Worth, Texas, United States

Where to find them:

Industry:

Construction, Manufacturing

Details about the buyer:

Water quality, water conservation, water safety, and water flow control devices are all offered by Watts Water Technologies.

Headquarter:

North Andover, Massachusetts, United States

Where to find them:

Qingdao Holdings International acquired by Hedonova

Details about the transaction:

Acquisition amount:

$6,000,000

Announcement:

6 May 2022

Details about the company:

Investment property leasing is a commercial activity for Qingdao Holdings International.

Headquarter:

Admiralty, Hong Kong Island, Hong Kong

Where to find them:

Industry:

Construction, Leasing, Real Estate Investment

Details about the buyer:

Management of global alternative investments

Headquarter:

Los Angeles, California, United States

Where to find them:

TelCom Construction, Inc acquired by Dycom Industries

Details about the transaction:

Acquisition amount:

$48,600,000

Announcement:

7 August 2015

Details about the company:

A full-service, turnkey utility contractor, TelCom Construction, Inc. offers services in all facets of utilities construction.

Headquarter:

Clearwater, Minnesota, United States

Where to find them:

Industry:

Construction, Telecommunications

Details about the buyer:

The specialist contracting company Dycom Industries, Inc. (Dycom) offers its services. These services are offered across the entire country of America.

Headquarter:

Palm Beach Gardens, Florida, United States

Where to find them:

Broderna Ohman acquired by Bellman Group

Details about the transaction:

Acquisition amount:

$16,508,095

Announcement:

10 June 2022

Details about the company:

Construction, excavation, crushing, rock blasting, building roads and railroads, and mass handling are some of the businesses operated by Broderna Ohman.

Headquarter:

Älvsbyn, Norrbottens Lan, Sweden

Where to find them:

Industry:

Building Material, Construction

Details about the buyer:

Bellman Group offers transport and machinery-related services for plants.

Headquarter:

Salsjö, Vasternorrlands Lan, Sweden

Where to find them:

NYAB acquired by CapMan

Details about the transaction:

Acquisition amount:

$52,711,812

Announcement:

12 December 2022

Details about the company:

NYAB is a provider of energy.

Headquarter:

Utajärvi, Oulu, Finland

Where to find them:

Industry:

Construction, Energy

Details about the buyer:

CapMan is a Finnish investment firm that manages outside private equity funds and provides consultancy services for fundraising.

Headquarter:

Helsinki, Southern Finland, Finland

Where to find them:

TIMCO acquired by Bufab Group

Details about the transaction:

Acquisition amount:

$71,113,827

Announcement:

21 March 2022

Details about the company:

One of the UK's top providers of necessary building supplies is TIMCO.

Headquarter:

Nantwich, Cheshire, United Kingdom

Where to find them:

Industry:

Building Material, Construction, Wholesale

Details about the buyer:

In Sweden, Bufab Group offers services for procurement, quality assurance, and logistics for C-parts.

Headquarter:

Värnamo, Kalmar Lan, Sweden

Where to find them:

Equiphunt acquired by Infra.Market

Details about the transaction:

Acquisition amount:

$10,000,000

Announcement:

30 May 2021

Details about the company:

Your one-stop shop for all of your equipment requirements is Equiphunt.

Headquarter:

Hyderabad, Andhra Pradesh, India

Where to find them:

Industry:

Construction, Real Estate

Details about the buyer:

Using innovation and technology, we are re-constructing the future of construction

Headquarter:

Thane, Maharashtra, India

Where to find them:

SenseHawk acquired by Reliance Industries

Details about the transaction:

Acquisition amount:

$32,000,000

Announcement:

6 September 2022

Details about the company:

For the infrastructure sector, SenseHawk is a SaaS supplier of data analytics, integration, and workflow management software.

Headquarter:

Saratoga, California, United States

Where to find them:

Industry:

Analytics, Asset Management, Construction, Drones, Infrastructure, Power Grid, SaaS, Software, Solar, Task Management

Details about the buyer:

Reliance Industries works in the petrochemical, textile, retail, and energy industries.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Solitaire Homes acquired by Cavco Industries

Details about the transaction:

Acquisition amount:

$93,000,000

Announcement:

27 October 2022

Details about the company:

One-, multi-, and multi-floor residential and commercial housing developments are designed and built by Solitaire Homes.

Headquarter:

Duncan, Oklahoma, United States

Where to find them:

Industry:

Construction, Property Development, Real Estate, Real Estate Investment

Details about the buyer:

a renowned expert in system-built structural design and construction

Headquarter:

Phoenix, Arizona, United States

Where to find them:

TBO Haglinds acquired by Balco Group

Details about the transaction:

Acquisition amount:

$13,250,883

Announcement:

13 December 2018

Details about the company:

Complete balcony systems with railings are designed and built by TBO Haglinds, who also produces high-quality items.

Headquarter:

Arboga, Vastmanlands Lan, Sweden

Where to find them:

Industry:

Construction

Details about the buyer:

Balco Group is a developing business that markets customized, cutting-edge, patented, and energy-efficient balcony solutions under its brand.

Headquarter:

Växjö, Kronobergs Lan, Sweden

Where to find them:

4-Way Equipment Rentals acquired by Cooper Equipment Rentals

Details about the transaction:

Acquisition amount:

$6,523,928

Announcement:

2 February 2017

Details about the company:

Equipment options are offered by 4-Way Equipment Rentals for industrial and construction operations.

Headquarter:

Edmonton, Alberta, Canada

Where to find them:

Industry:

Construction, Rental

Details about the buyer:

A full-service provider of construction equipment rentals is Cooper Equipment Rentals.

Headquarter:

Mississauga, Ontario, Canada

Where to find them: