July 21, 2026 – Solganick has published its latest mergers and acquisitions (M&A) update for the technology services sector for Q2 and H1 2026. It includes M&A transactions for application partners and systems integrators, managed services providers, cybersecurity services and consulting, public cloud partners, AI and data analytics consulting, software development and digital transformation companies.
You can download the full report here:
Solganick Technology Services Mergers Report Q2 2026 final
The following summaries the report:
2026 is on pace to be the strongest year for Technology Services M&A since 2021. Global M&A reached a record $2.85 trillion in H1 (+50% YoY, LSEG), with technology driving 85% of TMT deal volume and 89% of deal value through May.
- Mega-deal concentration — large deals drove nearly half of global M&A value in the first half of 2026.
- Regional focus — the Americas led with 12 of 16 technology megadeals through May 2026.
- The Rise of AI-Driven Deals – H1 2026 confirmed the market’s bifurcation between Scale and Specialization. Firms without AI readiness or high-margin recurring revenue saw multiples stagnate, while those at the AI–Cloud–Security nexus continued expanding toward 15x+ EBITDA.
- MSP M&A surge — 2025’s 20% surge to 466 deals ($4.3B) extended into H1 2026 AI-enabled MSP consolidation.
- AI consulting commands the sector’s highest premiums: 2.0x–4.0x+ EV/Revenue and 12.0x–18.0x EV/EBITDA.
- Accenture — agreed to acquire a majority stake in cybersecurity firm Dragos, plus runZero and NetRise, for ~$4.18B (June 2026).
- Cognizant — agreed to acquire Astreya for ~$600M (April 2026), adding AI data-center infrastructure capabilities.
Five core trends dominated IT services M&A in H1 2026:
- AI and Agentic Intelligence
- Cloud and Platform Specialization
- Cybersecurity and Identity
- Engineering and Digital Infrastructure
- Geographic and Vertical Expansion
Top IT services M&A transactions in H1 2026:
- Accenture acquired Dragos, runZero, and NetRise
- Jacobs Solutions acquired PA Consulting
- Cognizant acquired Astreya
- ASGN acquires Quinnox
- Booz Allen Hamilton acquired DeFY
- Tetra Tech acquired Halvik
- Computacenter acquires AgreeYa Solutions
You can download the full report here:
Solganick Technology Services Mergers Report Q2 2026 final
For more information or to inquire about an M&A opportunity, please contact us.