North America's construction and real estate industry saw a drop of 8.4 percent in overall deal activity during second quarter 2019, when compared to the four-quarter average, according to GlobalData, a leading data and analytics company.
A total of 207 deals worth $4.21 billion were announced for the region during second quarter 2019, against the past four-quarter average of 226 deals.
Of all the deal types, mergers and acquisitions saw the most activity in second quarter 2019, with 159 deals, representing a 76.8 percent share for the region.
In second place was venture financing, with 26 deals, followed by private equity deals, with 22 transactions, capturing a 12.6 percent and 10.6 percent share, respectively,
of the overall deal activity for the quarter.
In terms of deal value, M&A was also the leading category in North America's construction and real estate industry, with $3.69 billion, while venture financing and private equity deals total