*NEW RESEARCH* Merger and acquisition activity in UK SITS steady in Q4 2022

Merger and acquisition (M&A) activity in the UK software and IT services (SITS) sector held steady during Q4 2022 but remained considerably lower than in Q1 and Q2 of that year. 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 96 acquisitions by and 109 sales of UK SITS companies in Q4, compared to 91 and 115 respectively in Q3. This data includes deals announced, as well as those closed.

However, although H2 2022 represents a significant drop in UK SITS deal count compared to H1 of that year, 2022 overall was still the second-best year in recent times on that basis and well above pre-pandemic norms.

Subscribers to the TechMarketView Foundation Service and UKHotViews Premium can read more by downloading the Q4 2022 edition of IndustryViews Corporate Activity.

Posted by Tania Wilson at '07:00' - Tagged: acquisition   M&A