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Merger and acquisition (M&A) activity in the UK software and IT services (SITS) sector slowed during Q3 2022, as the impact of the economic downturn started to be felt. This is according to data from Silverpeak, the mid-market technology specialists that represent European growth businesses in M&A and financing transactions.
However, although this represents a sizeable drop in deal volumes from the levels seen from late 2020 until Q2 2022, the figures are still above pre-pandemic norms.
See more in this edition of IndustryViews Corporate Activity, our quarterly review of UK SITS M&A.
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