News

 

Thursday 26 July 2018

*NEW RESEARCH* UK SITS M&A deals bounce back

chartAfter a relatively quiet first quarter, merger and acquisition activity in the UK software and IT services (SITS) sector bounced back strongly in Q2.

There were 105 UK buyers and 137 UK sellers including 72 domestic deals in Q2, according to data from corporate finance firm, Regent Partners. Demand for IT services companies accounted for 62% of all UK SITS deals, up from 48% in Q1 and resuming the more usual split between the two sectors, with consultancies and SIs representing the largest sector at 32%, and vertical solutions providers with a 14% share. Sector expertise was also in demand in the software sector with vertical software providers accounting for 17% of the deals. Enterprise software accounted for 11% 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 Q2 2018.

Posted by Anthony Miller at '14:43' - Tagged: acquisition