A summer lull in technology M&A activity has continued to be a feature of the market in September as the market remained unchanged.
Those hoping for a pick-up after August were left disappointed as the hangover from a summer of low activity could be seen in all of the M&A metrics.
"On every measure, number of deals, value of deals and deal multiples, European TMT M&A activity in September was virtually unchanged from August," stated Regent.
From a UK perspective the highlight of the month was the move by Tech Data for the distribution arm of SCH.
The announcement of the purchase of SDG for $350 million helped to keep the M&A numbers ticking over.