PE Weekly: Industrials, Building and Construction Continue M&A Drive
Summary
This week’s M&A trends highlight dealmakers’ persistent focus on the industrials and building & construction markets, with the latest deals suggesting consumer-facing sectors continue to trail in M&A activity. Elsewhere, the latest news reflects shifts in dealmaker terms and exit strategies, with new insights on the rise of rollover equity as well as another continuation fund announced. Astra Capital Partners, a middle-market private equity firm, announced this week its investment in Ally Building Solutions, a provider and installer of interior finishes including flooring, cabinets and countertops. DCCM, a construction management service provider and portfolio company of White Wolf Capital Group, announced its investment in Chastain Skillman, according to a press release. Middle-market private equity firm The Sterling Group announced its completed sale of Evergreen North America Industrial Services in a recent press release.