Thursday 30 January 2020

*NEW RESEARCH* 2019: Record year for UK SITS M&A

CHARTThe UK software and IT services (SITS) sector recorded its highest level of M&A activity during 2019 despite all the political and economic concerns both globally and in the UK. UK domestic deals increased by 15% and there was a 10% increase in the number of acquisitions of UK SITS companies by overseas buyers, according to data from corporate finance firm, Regent Assay. UK SITS buyers accounted for 417 buy-side transactions, up 11% from 2018, and there were 485 sell side transactions, up 13% yoy.

Subscribers to the TechMarketView Foundation Service and UKHotViews Premium can read our annual summary of corporate activity in the UK SITS sector in our latest report, IndustryViews Corporate Activity – 2019 Review, downloadable now.

Posted by HotViews Editor at '15:19' - Tagged: acquisition