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Merger and acquisition (M&A) activity in the UK software and IT services (SITS) sector declined again in Q1 2023, remaining considerably lower than the peak level of activity seen in 2021 and early 2022. 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 drop from pandemic deal volumes, this activity is in line with pre-Covid norms.
See more in this edition of industryViews Corporate Activity, our quarterly review of UK SITS M&A.
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