Construction Deals Increase Despite Down Housing Market
May 30, 2013
Since the beginning of 2008, private equity firms have invested in 170 construction and engineering companies based in the U.S. or Canada, according to the PitchBook Platform. Yearly deal activity increased from a low in 2009 to 41 in 2011, before tapering a bit in 2012. In the United States, investors haven't shied away from some of the hardest-hit states in the housing collapse. Arizona brought in the second highest amount of deal activity, and California and Florida weren't far behind, at 4th and 5th, respectively.
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