Morrissey Goodale’s 2024 M&A Mid-Year Review

Morrissey Goodale’s 2024 M&A Mid-Year Review

Through the first six months of 2024, Morrissey Goodale tracked 243 deals in the U.S., marking the second-most active start to a year on record.

First half highlights include:

• 156 unique buyers and investors from six different countries combined to close deals.
• The median acquirer boasted revenues of $147.9 million, while the median seller had revenues of $4.3 million.
• Fifteen ENR Top 500 Design firms sold or recapitalized.
• Employee-owned buyers drove the largest share of deals, claiming 51% of all domestic acquisitions, followed by PE and PE-backed buyers at 42%, and publicly traded buyers at 7%.
• Firms with expertise in the transportation, water, and power markets continued to see the most interest from industry buyers and investors.
• California, Texas, and Florida remained the most coveted states by dealmakers, in line with trends observed over the last few years.

To learn more about what’s going on in the world of M&A, or if you need assistance with your merger or acquisition, contact Jon Escobar at (224) 577-8595 or [email protected].

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