Infrastructure Mergers & Acquisitions

Acquire.fyi monitors the latest mergers and acquisitions. Since 2025, 51 M&A deals in the Infrastructure category have pushed the total transaction value to $226.9B.
M&A Deals (2026)
19
26.7% vs 2025 year-to-date
Total Value (2026)
$48.2B
136.2% vs 2025 year-to-date
Median Deal Size (2026)
$6.2B
195.2% vs 2025 year-to-date
Megadeals: >$500M
5
25% vs 2025 year-to-date

M&A Deal Volume & Value

Historical performance in the Infrastructure category.

Source: Acquire.fyi, Jan 1, 2025 - Jul 21, 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
AI Infrastructure Partnership Aligned Data Centers Sale $40B Investor group closes $40 billion Aligned data center 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
CRH Arcosa, Inc. Acquisition $8.5B CRH Bets $8.5 Billion on Arcosa to Deepen US Scale
MTN Group Limited IHS Holding Limited Merger $6.2B MTN Group Limited to merge with IHS Holding Limited in $6,200.0M 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
MasTec, Inc. Electrical Specialists, Inc., d/b/a The Superior Group Acquisition $1.7B MasTec Buys Superior to Push Deeper Into Data Centers
Gibraltar Industries, Inc. OmniMax International Acquisition $1.3B Gibraltar Industries, Inc. acquires OmniMax International in $1,335.0M cash deal

Latest Infrastructure Articles

Page 1 of latest articles and deal coverage.