IT & Business Services Report 1H2025
Our latest IT & Business Services M&A report reveals a resurgence in deal activity and valuations, reflecting renewed investor confidence in the sector. Following a slowdown in 1H2024 due to macroeconomic uncertainties and post-pandemic market normalization, the second half of the year saw a notable recovery, with both transaction volumes and median EBITDA multiples increasing. This upward trend underscores the sustained demand for IT outsourcing, network integration, and digital transformation services as businesses accelerate their adoption of new technologies.
AI-driven innovation continues to be a key driver of M&A activity, with strategic buyers and financial investors prioritizing acquisitions that enhance automation, data analytics, and customer service capabilities. Additionally, the expansion of dealmaking beyond North America and Europe is shaping the competitive landscape, with emerging markets contributing significantly to overall transaction value.
The report covers key subsectors within IT & Business Services, including IT Outsourced Services, Tech Services & Support, and Integration Services.
Key topics addressed in the report include:
- Trends and analysis of M&A activity
- Transaction overview by region
- Most active acquirers and deal highlights
- Valuation insights and metrics
Top Buyers
The above graph covers the period between July 2019 and Dezember 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.