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InfrastructureM&A Activity

Deal flow, active acquirers, and current market trend - based on 13real disclosed M&A transactions in the infrastructure space. Run the calculator below to price your business at current multiples.

13 disclosed deals13 with EBITDAMarket: growing

State of InfrastructureM&A in 2026

The infrastructure M&A market is tracked across 13 disclosed transactions in the ExitValue.ai database (13 with EBITDA disclosed, 13 with revenue). The current market trend is growing.

Active acquirers include Public Sector Pension Investment Board, Atlas Arteria Limited, 7577702 Canada Inc., OMERS Administration Corporation. Recent named transactions: 407 International Inc. (2025); Skyway Concession Company, LLC (2022); 407 International Inc. (2019).

Premium valuations in infrastructure are driven by government contract pipeline; bonding capacity; specialized equipment.

What compresses valuations: government budget cycles; permitting delays; labor shortages.

Source: SEC filings, EDGAR 8-K/S-4, and verified press releases. Run the calculator below to see the specific multiples that apply to your business.

Recent named M&A deals in infrastructure

Most-recent disclosed transactions. Click any deal for full detail (multiples, financials, source).

407 International Inc.Public Sector Pension Investment Board
2025
Skyway Concession Company, LLCAtlas Arteria Limited
2022
407 International Inc.7577702 Canada Inc.
2019
407 International Inc.OMERS Administration Corporation
2019
Skyway Concession Company, LLCOntario Teachers' Pension Plan Board
2015
Quixote Corp.Trinity Industries, Inc.
2009

Sourced from SEC filings, EDGAR 8-K/S-4, and verified press releases.

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What drives a premium valuation

  • government contract pipeline
  • bonding capacity
  • specialized equipment
  • safety record
  • geographic positioning

What compresses valuation

  • government budget cycles
  • permitting delays
  • labor shortages
  • material cost volatility
  • project concentration

Infrastructure valuation: common questions

How is a infrastructure business valued?

Infrastructure businesses are valued by benchmarking against comparable completed M&A transactions, then adjusting for the specific business. Owner-operator practices are typically priced on an earnings or seller-discretionary-earnings basis, while businesses at platform scale shift toward institutional earnings-multiple methodology. The ExitValue.ai engine selects the methodology that the comparable deal set actually used and adjusts for margin quality, growth, owner dependency, customer concentration, and recurring-revenue mix.

What drives infrastructure valuation?

The biggest value levers in infrastructure are recurring or repeat revenue, owner independence (the business runs without the founder), customer diversification (no single client dominates), a credible growth trajectory, and operating-margin quality relative to the vertical. In this space specifically, buyers pay up for government contract pipeline; bonding capacity; specialized equipment.

How many infrastructure M&A deals are tracked?

ExitValue.ai tracks 13 disclosed infrastructure M&A transactions, 13 with EBITDA disclosed, 13 with revenue disclosed, sourced from SEC filings, EDGAR 8-K/S-4 documents, and verified press releases and refreshed daily. Current market trend: growing.

Who buys infrastructure businesses?

Infrastructure businesses are acquired by strategic acquirers (larger operators in the same space). Recent named acquirers include Public Sector Pension Investment Board, Atlas Arteria Limited, 7577702 Canada Inc., OMERS Administration Corporation.

What is my infrastructure business worth?

Run the ExitValue.ai infrastructure calculator to see your business priced against the 13 disclosed infrastructure transactions in the database. The engine applies adjustments for margin, growth, owner dependency, customer concentration, and recurring revenue mix to produce a tight range around the most-likely transaction value.