The newest Enterprise Software M&A report from Hampleton Partners, the international M&A and corporate finance advisory firm for software and technology companies, reveals that deal activity soared to an all-time high this year. 

A total of 1,313 deals were made in 1H25, which is the largest haul for the sector in any six-month reporting period and a 9% increase on the previous peak seen in 1H22. 

Speaking of this growth in transaction volume, Miro Parizek, founder and senior partner at Hampleton Partners, said: “It’s clear this is a space enjoying high investor confidence right now – a reflection of the strong demand for software solutions as enterprises around the globe continue to digitalise at a rapid clip.”

Acquisitions of AI-focused Enterprise Software companies have also reached an unprecedented level, with the number of deals rising from 284 in the latter half of last year to 393 in 1H25. This precipitous climb is in line with the overall surge in transactions in the Enterprise Software sector. 

The new report shows that AI-focused deals made up 30% of transactions in 1H25, well within the range of percentages seen since 1H2022. This stable trend, coupled with the fact that once-hefty valuation premiums for AI-focused companies have already dissipated, suggests that the disruptive effect of AI on the Enterprise Software M&A market has normalised as AI integration continues to go mainstream.

Valsoft remains the most prolific Enterprise Software acquirer. Visma ranks second, with Main Capital Partners and Volaris in joint-third. 

Valsoft – 48 acquisitions, including collectionHQ (library data analytics software), MonkeySoft (restaurant catering management software) and CareerBuilder + Monster (government talent & workforce management software)

Visma – 38 acquisitions, including Talana (HR management software), Kanta SAS (accounting AML process automation software) and Esculine B.V. (healthcare business intelligence & analytics software)

Main – 22 acquisitions, including Documaster AS (document management & e-archiving software), Jobdigger B.V. (labour market intelligence software) and Fraxion US, LLC (procure-to-pay & spend management software)

Volaris – 22 acquisitions, including 4D SAS (enterprise asset management software), PC SOFT SAS (application development software) and Nydus Systems Informatica (human resource management software)

Download the full Hampleton Partners Enterprise Software M&A Market Report 2H2025, which explores key industry trends and acquisition case studies within the main subsectors: Enterprise Applications, Vertical Applications, Business Intelligence & Analytics, Information Management, Infrastructure Management, and Design, Testing & Simulation.

Hampleton Partners’ M&A Market Reports are compiled using data and information from the 451 Research database (www.451research.com); Capital IQ, CB Insights, Gartner, IDC and more.

Hampleton Partners advises owners of software and technology companies on M&A transactions and growth financing with strategic buyers or financial investors. Hampleton’s experienced deal makers have advised hundreds of tech industry shareholders to date, providing hands-on expertise and targeted advice to entrepreneurs looking to sell, partially retire, or accelerate their growth.

With hubs in London, Frankfurt, Stockholm, San Francisco and Shanghai, Hampleton offers a global perspective with industry expertise in the following areas: Enterprise Software, Digital Commerce, IT & Business Services, Artificial Intelligence, Autotech & Mobility, Cybersecurity, Fintech, Healthtech, Supply Chain Management, Healthtech, HR Tech, and Insurtech. 

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