| Service Offering
- Consulting
- Coordination
- Due Diligence
- Project Management
| End Markets
- Commercial
- Industrial
- Infrastructure
- Residential
| Sample Sectors
- Architecture:
- – Building
- – Landscape
- Engineering:
- – Civil
- – Electrical
- – Environmental
- – Mechanical
- – Structural
- Construction SaaS/Software:
- – Computer-aided Design (CAD)
- – Building Information Modeling (BIM)
- – Project Management
- – Contract Management
- – Estimation & Bidding
- – Field Management
Architectural blueprints
Architectural model rendering
Structural engineering schematics
| Vertical Overview
The professional services vertical comprises architectural, engineering, and consulting firms, as well as environmental consulting, testing, and remediation service firms. This sector further includes software-as-a-service (SaaS) and software providers that cater to the building materials and building services industry. These firms provide services for all four general end markets: residential, commercial, industrial, and infrastructure. Like the manufactured products vertical, demand for professional services firms is driven primarily by new construction and remodeling activity in the residential, commercial, and industrial sectors. Professional services firms also see strong demand from government entities for infrastructure needs. However, some engineering and environmental firms are focused on more non-discretionary areas such as environmental remediation or safety engineering audits.
| M&A Trends
Professional services firms are typically partnerships owned by several partners of the firm. Because of the necessary buy-in of all partners when making M&A transaction related decisions, professional services transactions can have an added layer of complexity compared to transactions in other BMS verticals with one or two majority owners. Because of this complexity, professional services firms are often acquired by other strategic companies in the same sector.