Wednesday 02 March 2022

*NEW RESEARCH* SITS merger and acquisition activity steady during Q4

Q4 2021 chartMerger and acquisition activity in the UK software and IT services (SITS) sector held steady during Q4, to round out a strong 2021, according to data from technology investment bank SilverpeakThere were 123 acquisitions by and 147 sales of UK companies in Q4, compared to 123 and 140 respectively in Q3. This data includes deals announced as well as those closed.

As discussed in our Q3 2021 report, the dip seen in Q2 was likely due to deals having been accelerated into Q1 in anticipation of changes to the Capital Gains Tax (CGT) regime in the March 2021 budget, which did not materialise. Dealmaking bounced back in Q3 and Q4 to round out a strong year amid increased business confidence.

Subscribers to the TechMarketView Foundation Service and UKHotViews Premium can read more by downloading the Q4 2021 edition of IndustryViews Corporate Activity.

Posted by Tania Wilson at '13:19' - Tagged: acquisition   M&A