How well the company is positioned to leverage these trends will have a huge impact on valuation and the ability to generate the cash required for the transaction.
Contractors that are poorly prepared for these trends will find lower valuations and fewer exit options. They are also likely having significant problems attracting and retaining talent, which is in limited supply as the best talent is attracted to the teams that will win tomorrow.
- More integrated project delivery methods are creating alliances, mergers, and acquisitions to consolidate supply chains.
- Technology is advancing quickly and the really good returns only occur with deep integration throughout every major workflow in the project delivery process.
- Talent is more challenging for the industry than it has been in the last few decades due to accelerating retirement rates and less people to backfill those critical positions.
- Project owners want trusted project teams across all their projects, pulling more contractors into geographic expansion.
Consider our Executive Briefing to prepare your team.