Technology Services Mergers and Acquisitions Update – Q1 2024

IT services and technology services M&A report update Q1 2024

Solganick has issued its latest mergers and acquisitions report on the IT services/technology services industry sector for Q1 2024. It covers systems integrators/application partners, cloud computing, data analytics, cybersecurity, MSPs, and software development services companies.

M&A is Active in Data Analytics

Solganick is reporting on the current M&A enviroment for data anaytics companies. Both Snowflake and Alteryx announced M&A transactions during the week of December 18, 2023.

IT Services M&A Update: Q4 2023 and 2024 Outlook Summary

Solganick & Co logo

Solganick & Co. summarizes 2023 M&A activity within the IT services industry sector and provides information regarding the upcoming environment for new deals. Cloud and data analytics partners are a priority to large strategic buyers.

Transaction Announcement: Nextira Acquired by Accenture

Accenture acquires Nextira

Solganick & Co. (“Solganick”) is pleased to announce the successful completion of another sell-side transaction in its Technology Services M&A practice. Solganick served as the exclusive financial advisor for Austin-based, Amazon Web Services (AWS) Premier Services Partner, Nextira in its acquisition by global IT services and consulting leader, Accenture. Nextira leverages AWS to deliver cloud-native innovation, artificial intelligence (AI), machine learning (ML), predictive analytics, and immersive experience solutions for its clients in gaming, media, and entertainment industry sectors.

Solganick & Co. Advises Pandera Systems in its Strategic Merger with 66degrees

66Degrees has merged with Pandera Systems

Solganick & Co., Inc. (“Solganick”) is pleased to announce another successful transaction in its Tech-Enabled Services M&A group. Solganick served as the exclusive advisor to Orlando, FL-based Pandera Systems (“Pandera” or the “Company”) in its strategic merger with Chicago, IL-based 66Degrees (“66Degrees”), backed by private equity firm Sunstone Partners. The transaction was announced on October 25, 2022.

M&A Update – Data Analytics IT Consulting

Solganick & Co logo

Solganick has published its latest M&A update on the data analytics IT consulting sector. It covers the lastest M&A transacions, public company valuations, and M&A transaction multiples.