News

 

Thursday 26 April 2018

*NEW RESEARCH* UK SITS M&A down again

chartThe first quarter of the year is usually a quieter time for merger and acquisition activity in the UK software and IT services (SITS) sector and Q1 2018 was no exception. There were 68 UK buyers and 91 UK sellers including 46 domestic deals in Q1, according to data from corporate finance firm, Regent Partners.

Demand for software companies accounted for 52% of all UK SITS deals; the first time since Q3 2013 that software deals have been greater than IT services deals. Sector expertise was again in demand with vertical software providers accounting for the largest sector at 25%, followed by consulting and system integration services with a 22% share and vertical solutions providers with a 12% share. Enterprise software maintained a 10% share of the UK SITS deals.

Subscribers to the TechMarketView Foundation Service can see the detail and the numbers in our latest quarterly review, IndustryViews Corporate Activity Q1 2018.

Posted by HotViews Editor at '07:35' - Tagged: acquisition