IndustryViews Corporate Activity Q2 2023

Merger and acquisition (M&A) activity in the UK software and IT services (SITS) sector declined for the fourth successive quarter in Q2 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.

The continuing decline in deal activity comes amid higher interest rates and ongoing economic uncertainty, which have hit market confidence. However, it is worth noting that Q2 2023 deal volumes are still in line with those seen in the pre-pandemic period.

See more in this edition of IndustryViews Corporate Activity, our quarterly review of UK SITS M&A.

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