Infrastructure Mergers & Acquisitions

Acquire.fyi monitors the latest mergers and acquisitions. Since 2025, 44 M&A deals in the Infrastructure category have pushed the total transaction value to $176.7B.
M&A Deals (2026)
13
30% vs 2025 year-to-date
Total Value (2026)
$38.1B
107.1% vs 2025 year-to-date
Median Deal Size (2026)
$6.2B
58% vs 2025 year-to-date
Megadeals: >$500M
3
0% vs 2025 year-to-date

M&A Deal Volume & Value

Historical performance in the Infrastructure category.

Source: Acquire.fyi, Jan 1, 2025 - Jun 4, 2026.

Top Infrastructure Deals (Last 12 Months)

Largest mergers and acquisitions by disclosed deal value.

Acquirer Target Type Value Headline
Union Pacific Norfolk Southern Acquisition $86.7B Union Pacific to acquire Norfolk Southern in $86,653.8M deal
Investor AES Acquisition $30.6B Investor to acquire AES in $30,555.8M deal
American Water Works Essential Utilities Acquisition $19.8B American Water Works to acquire Essential Utilities in $19,761.1M deal
Stonepeak Castrol Acquisition $10.1B Stonepeak to acquire Castrol in $10,100.0M deal
MTN Group Limited IHS Holding Limited Merger $6.2B MTN Group Limited to merge with IHS Holding Limited in $6,200.0M cash deal
Ares Management Corporation Plenitude Acquisition $2B Ares Management Corporation to acquire Plenitude in $2,000.0M cash deal
Acuren Corporation NV5 Global, Inc. Merger $1.7B Acuren Corporation merges with NV5 Global, Inc. in $1,700.0M cash and stock deal
Gibraltar Industries, Inc. OmniMax International Acquisition $1.3B Gibraltar Industries, Inc. acquires OmniMax International in $1,335.0M cash deal
Pennsylvania American Water Indian Creek Valley Water Authority Acquisition $36.1M Pennsylvania American Water to acquire Indian Creek Valley Water Authority in $36.1M deal
Pennsylvania American Water Appalachian Utilities, Inc. Acquisition $3.5M Pennsylvania American Water acquires Appalachian Utilities, Inc. in $3.5M deal

Latest Infrastructure Articles

Page 1 of latest articles and deal coverage.