5.3.12.4Vertical

Waterproofing & Masonry

Contractors applying waterproofing systems and performing masonry repairs.

Market snapshot

These figures describe Specialty Exterior Contractors (5.3.12), the segment that Waterproofing & Masonry sits within — not Waterproofing & Masonry on its own.

Market size
~$349B
Growth
~8.6%CAGR (2017–22, nominal)
Companies
~145,000
FragmentationHighly fragmentedEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 238110/238120/238130/238140/238150/238160/238170/238190 (structural/exterior trades) + 238990 (other specialty trades).

Business model & economics

Revenue model

Trade-contract work for new build and replacement

Key economics

Recurring revenue
Low–Moderate

replacement and storm-repair demand

EBITDA margin
Trade-dependent; roofing attractive
Capex intensity
Low

Characteristics

  • Local structural and exterior trade contractors.
  • Roofing/re-cladding adds replacement-driven demand.
  • Roofing an active PE roll-up theme.

M&A deal context

Deal activityHigh

Who’s acquiring

  • PE-backed roofing & trade platforms
  • Regional trade consolidators
  • Building-services strategics

What’s driving deals

  • Roofing and exterior-trade roll-ups.
  • Replacement and storm-repair demand.
  • Fragmented local-contractor consolidation.

Find Waterproofing & Masonry acquisition targets

Search Acquisera’s index for companies classified under Waterproofing & Masonry (5.3.12.4) and build a targeted deal pipeline.

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