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Wednesday 07 April 2021

*NEW RESEARCH* Continued recovery in UK SITS deals

chartMerger and acquisition activity grew again in Q4 2020 in the UK software and IT services (SITS) sector, according to data from technology investment bank Silverpeak. This followed the strong bounce-back recorded in Q3 and suggests the market recovery continues after the initial shock of the pandemic impacted heavily on Q2 numbers.

Q4 saw an increase in both buy-side and sell-side deals, with 102 buyers and 111 sellers. 2020 as a whole saw only slightly fewer transactions than 2019, despite Covid, with 302 buyers and 320 sellers, compared to 331 and 388 respectively in 2019.

TechMarketView Foundation Service and UKHotViews Premium subscribers can read more by downloading the Q4 2020 edition of IndustryViews Corporate Activity.

Posted by Tania Wilson at '08:00' - Tagged: acquisition   M&A