Engineering Services M&A 2026.
Succession, not the cycle, is putting engineering consultancies into play: how firms in engineering services change hands and what it means for the timing of your own decision.
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Just the right advice, for the right transaction.
Three commitments. On every mandate.
Every mandate is led by a Partner from start to Closing. The people you meet leading up to a mandate are the people who lead the transaction process. You get the full benefit of senior experience and with that the best possible setup for your mandate.
AI-powered research and data-driven processes make your transaction faster, more transparent and more precise. Resulting in a higher likelihood of a successful Closing at a better valuation.
Transactions rarely fail because of numbers - more often because of a lack of trust. That’s why being human is not a soft skill for us, but our core value. We truly care.
Every industry has its own logic, its own language and its own players. Our team has built the experience and networks that matter across our focus sectors over more than two decades. Working with industry experts, combining M&A and operating experience to a winning combination.
In no sector do valuations diverge as widely. Two companies with the same revenue can be worth three times - or twelve times - as much, depending on the predictability of earnings, the dependence on the founder and the type of buyer. The buyer universe is broader than often assumed - strategics, private equity and international platforms.
Industrial mid-market companies live on long relationships, real assets and deep sector knowledge. We bring industry understanding and international network, from machinery to aerospace and defense.
A heterogeneous sector: in parts capital-intensive, dependent on regulation and subsidies, and cyclical. Buyers assess it along one shared question - how predictable and contractually secured the revenues are. Electrification and subsidy regimes shift the value drivers faster than business models can adapt - here, timing is a value lever in its own right.
Service businesses are valued on EBITDA - and on the quality of that EBITDA. The same factors lift valuations across the entire sector: a high share of recurring revenue, value creation that works independently of individuals, and a broad client base.
Regulated markets with structural, cycle-independent demand, where regulatory requirements and quality standards act as a barrier to entry - and thus as a value driver. That makes the sector attractive to strategic and specialised financial investors alike, with consolidation as the defining theme.
Business models in transition. Buyers draw a sharp line between growing and shrinking revenue streams; the value lies in the scalability of the model and the economics of content and reach.
Present in three countries. Working with clients and partners across Europe, the Middle East, North America and Asia.
Short, occasional notes on M&A and on Nevon: markets, sector and transaction updates.
Succession, not the cycle, is putting engineering consultancies into play: how firms in engineering services change hands and what it means for the timing of your own decision.
Read the report →European defense and dual-use M&A: market data, valuations, regulation and what the new cycle means for founders and owners.
Read the report →Global and European cybersecurity M&A: record value, consolidation and what the mid-market means for founders and owners.
Read the report →Our team has advised on numerous M&A processes across sectors, borders and deal types. Hear directly from the people we have worked with.
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