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Engineering Consulting: private equity driving increasing consolidation into 2025
As we approach the end of 2024 one knowledge economy sector that has shown dramatically increased M&A activity this year is engineering consulting. And whereas previously most M&A in the sector involved the largest strategic acquirers jostling for position in the global top 20, or larger and smaller players turning to organic growth to mitigate pressures on organic initiatives, this year has, in particular, has seen an uptick in sponsor-backed consolidation.