Blog Banner May 2024

A Positive Outlook

Insights by Jack Robinson.

We are pleased to publish our latest half-year report looking at the state of M&A in the UK Software and IT Services sector.
It also includes a special feature on data security & compliance and the results from our recent survey of owner-managers.

The nature of these reports is inevitably to be ‘behind the curve’ as there is a lag in transactions being recorded. This latest report shows that 2023 transaction volumes were c.20% lower than 2022. On the face of it disappointing, but this dip comes on the back of some spectacular deal making post-Covid. Compared to the long-term run rate transaction volumes are actually comparable with pre-2019 peaks.

There has also been a notable uptick in the first quarter of 2024 and on the ground we can confirm that we are busy. The appetite to acquire is high and owner-manager confidence is up, with over 50% of our survey respondents looking to sell in the next 2 years. Overall, a positive outlook for the rest of 2024.

If you are also thinking about selling your business then do join us in July for our next live virtual seminar, which will help you understand how tech businesses are valued and what you can do to increase the value of your business.

Request your free copy of our M&A report here:

Full details of our July virtual seminar here: