*NEW RESEARCH* UK SITS merger and acquisition activity falls back in Q1

Merger and acquisition (M&A) activity in the UK software and IT services (SITS) sector fell back during Q1 2022, according to data from Silverpeak, the mid-market technology specialists that represent European growth businesses in M&A and financing transactions. There were 111 acquisitions by and 123 sales of UK companies in Q1 2022, compared to 123 and 147 respectively in Q4 2021. This data includes deals announced as well as those closed.

In our Q4 2021 report, we observed that "dealmaking bounced back in Q3 and Q4 to round out a strong year, reflecting increased confidence as developed economies continued their emergence from Covid". Of course, macroeconomic and geopolitical events have moved on significantly since then and whilst the Q1 deals figure is not a dramatic drop relative to Q4 2021, it is worth bearing in mind that many of these transactions will have been negotiated in large part in the months prior to Q1.

Subscribers to the TechMarketView Foundation Service and UKHotViews Premium can read more about the Q1 data, as well as thoughts on how the deals market might evolve, by downloading the Q1 2022 edition of IndustryViews Corporate Activity.

Posted by Tania Wilson at '16:00' - Tagged: acquisition   M&A