IT & Business Services Report 2H2024
Our latest IT & Business Services M&A report reveals that the blistering activity seen in the sector in recent years has slowed, with 558 deals recorded within the sector in 1H2024.
This is notably lower than what was recorded for 2H2023, and comes after a two-year period where IT & Business Services companies were acquired in record-breaking numbers.
While the subdued momentum can largely be attributed to continuing inflationary and geopolitical pressures impacting the tech industry as a whole, it may also represent a normalisation in deal activity following the boom which accompanied the worldwide digitalisation of workplaces – a phenomenon accelerated by the pandemic.
The report looks into the sectors Integration Services, Tech Services & Support and IT Outsourced Services and includes:
- Trends and analysis of deal activity
- Deal geography
- Top acquirers
- Valuation metrics
Top Buyers
The above graph covers the period between January 2019 and June 2024. Throughout this M&A report, median “trailing 30-month” multiples plotted in the graphs refer to the 30-month period prior to and including the half year.
Download our latest IT & Business Services report
To read more about current M&A activity in the IT & Business Services sector, download the latest report below.