M&A Trends Report Cover

Is Your AEC Business Strategy Ready for What's Coming?

The M&A landscape for architecture, engineering, and construction firms is evolving fast — and the firms that understand the market will be the ones that win. PSMJ's Outlook 2026: AEC M&A Trends Report gives you an unfiltered look at where the deals are happening, who's driving them, and what it means for your firm's future.

With 447 announced transactions in 2025, M&A remains one of the most powerful growth and transition strategies in the AEC industry. But not all buyers — or opportunities — are created equal. This report breaks down exactly who is acquiring whom, from aggressive private equity-backed platforms snapping up large-headcount firms to strategic buyers pursuing targeted tuck-in deals for cultural fit and specialization.

Inside, you'll discover:

  • Which buyer types dominated 2025 deal volume and headcount acquired
  • Why engineering firms are outpacing architecture firms in transaction activity — and what that signals
  • The U.S. regions seeing explosive M&A growth (hint: it's not where you might expect)
  • Five actionable recommendations to position your firm as a competitive buyer or attractive seller

Whether you're considering an acquisition, exploring an exit, or simply trying to understand the forces reshaping your industry, this report delivers the data and strategic insight you need to make informed decisions.