The Private Equity Rollup of Construction 2026: Why Construction Dive Says Consolidation Is Raising Project Risk — and What It Means When Your Competitor Gets Acquired

Private equity is rolling up regional contractors fast — Henry Carlson acquired by a national firm, a Birmingham GC buying across two states, and Obayashi acquiring Multiplex globally. Construction Dive warns the rollup increases project risk. What owners should know about valuations, succession, and competing against PE-backed roll-ups.