M&A activity ticks up across the construction industry
On the heels of a fluid macroeconomic environment and instability, M&A activity cooled to start the year, according to WSP CEO Alexandre L’Heureux. However, that calculus may now be changing. Even as tariffs and uncertainty beleaguered the construction industry, and a government shutdown has blacked out data at a crucial moment, M&A has seen a recent uptick. […]
Attentive.ai nabs $30.5M to automate construction takeoffs with AI
San Francisco-based Attentive.ai secures $30.5 million Series B funding to advance its AI-powered construction takeoff and estimating platform, helping contractors bid faster and grow revenue. Source link
Four Ways Builders Risk Coverage Is Reshaping Construction Risk Management
Construction risks are evolving as threats to jobsites evolve. Thankfully, builders risk insurance is evolving as well. The builders risk insurance market size reached $5.36 billion last year, a signal of the current upward shift in the construction industry. For decades, volatility defined the sector, with pipelines rising and falling on material prices, interest rates, labor shortages, […]