Update: Infrastructure M&A Update – August, 2023

August, 2023

In Q2 2023, the median transaction value in Infrastructure was $54 million. In Q2 2023, strategic buyers accounted for 89% of transactions.

Select recent notable publicly announced M&A transactions:

– RPC closed its acquisition of Spinnaker Oilfield Services for $79 million in June 2023.

– Mayville Engineering Company announced its acquisition of Mid-States Aluminium Corp. for $96 million in June 2023.

– Blackstone announced its acquisition of Northern Indiana Public Service Company for $2.2 billion in June 2023.

– Civitas Resources announced its acquisition of Hibernia Energy III/Hibernia Energy III-B for $2.3 billion in June 2023.

– Lone Star Americas Acquisitions announced its acquisition of Carlisle Fluid Technologies for $520 million in June 2023.

    Download Report