Many U.S. businesses across a variety of sectors have experienced new challenges over the last year — this is particularly true for those in the mechanical, engineering, and plumbing (MEP) industries. In early 2022, the MEP sector saw labor shortages and supply chain disruptions lead to increased labor and material costs, while later in the year and early into 2023, businesses are experiencing slowing demand for building and renovation. Unsurprisingly, this dynamic has culminated in constantly fluctuating profit margins for many MEP business owners.

Fortunately, strong, profitable and growth-oriented MEP businesses are still in high demand despite fluctuating economic challenges. Buyers are still actively searching for merger and acquisition (M&A) opportunities in the MEP industry. Today’s widespread buyer/acquirer interest presents an opportunity for companies focused on new builds and renovation, within both residential and commercial end markets.