Saturday 20 August 2022

*NEW RESEARCH* SITS merger and acquisition activity steady in Q2

MandA chart Q2 2022Merger and acquisition (M&A) activity in the UK software and IT services (SITS) sector held firm during Q2 2022, despite fears of an economic slowdown. This is according to data from Silverpeak, the mid-market technology specialists that represent European growth businesses in M&A and financing transactions. There were 124 acquisitions by and 132 sales of UK companies in Q2, compared to 111 and 123 respectively in Q1. This data includes deals announced in the quarter, as well as those closed.

The data for Q2 illustrates the changing landscape of SITS M&A in the UK, with an increasing number of publicly-listed entities acquired, compared to Q1. We are likely to see this trend continuing until there is a sustained improvement in the performance of tech stocks on quoted markets, as private buyers seek attractive listed acquisition targets.

Subscribers to the TechMarketView Foundation Service and UKHotViews Premium can read more by downloading the Q2 2022 edition of IndustryViews Corporate Activity.

Posted by Tania Wilson at '15:30' - Tagged: acquisition   M&A