M&A tech activity stabilises following strong Q1

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M&A tech activity stabilises following strong Q1

Simon Quicke

The health in the tech mergers and acquisitions market across Europe continues to perform well up but has started to show signs of stabilisation after a very strong first quarter of recovery.

The latest figures from Regent Partners showed that the market kept chugging along with 223 acquisitions last month with a combined value of $9.1bn.

There were only a couple of deals in excess of $1bn which knocked the three month average curve downwards, but overall the M&A market showed signs of gaining a stability with March and April leveling out, but at a level not seen at any time in the last year.

Highlights in the month included Capita Group's acquisitions of Right Documents Solutions Holdings for what could be up to £40m and web application firm Technophobia for £6.3m.

Security outfit G4S was also active picking up the Cotswold Group for £10.2m and Guidance Monitoring for an undisclosed sum.


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