Analysis of the key themes driving private equity deal activity reveals that renewable energy accounted for 6 construction & real estate deals announced in Q4 2023, worth a total value of $268m. The $268m management buy-in (mbi) GMR Airports Infrastructure by Goldman Sachs, GQG Partners, Nomura India Equity Fund and Stichting Depositary APG was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Construction Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

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In value terms, renewable energy-related deal activity increased by 688% in Q4 2023 compared with the previous quarter’s total of $34m and rose by 143% as compared to Q4 2022. Related deal volume increased by 100% in Q4 2023 versus the previous quarter and was 500% higher than in Q4 2022.

The top-ranked financial advisors supporting these private equity deals in Q4 2023 were Harris Williams; Houlihan Lokey; Perella Weinberg Partners with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these private equity deals in Q4 2023 were Kirkland & Ellis; Hamilton Locke; Harper Macleod with 2, 1, 1 deals respectively.

For further understanding of GlobalData's Construction Industry Mergers and Acquisitions Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.

This content was updated on 8 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.