IT & Business Services Report 1H2022
Global IT services spending is anticipated to continue strong after the astronomical increases seen in 2021. According to a recent forecast from Gartner, worldwide IT spending will grow a further 5.1% in 2022 to reach $4.5 trillion in 2022.
Accordingly, our latest IT & Business Services report reveals a strong M&A market in 2021: the number of deals grew 10% YoY between 2020 and 2021; we noted an uptick in EBITDA valuation multiples across all segments of IT Services; and acquirers showed an increased interest in managed services as well as outsourced software development providers.
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
The above graph covers the period between January 2014 and December 2021. Throughout the report, median “trailing 30-month” multiples plotted in the graphs refer to the 30-month period prior to and including the half year.