AEC Mergers and Acquisitions: How Buyers Evaluate Architecture, Engineering, and Construction Firms
AEC mergers and acquisitions involve the sale, recapitalization, merger, or acquisition of architecture, engineering, construction, and related design services firms. Buyers evaluate AEC firms based on normalized EBITDA, backlog quality, client concentration, project margin consistency, leadership depth, employee retention, end-market specialization, buyer fit, and the ability to scale after closing.









