Read CFI’s Software & IT Services M&A Pulse 2020 H2
In just a few months’ time, the COVID-19 crisis has brought about years of change in the way companies in all sectors and regions do business. Companies have accelerated the digitisation of their customer and supply-chain interactions and of their internal operations by three to four years. Private equity managers moved quickly to close on assets that benefitted from the IT adoption and transformation trend, highlighted by IT deal volume proportions hitting a new high.
Looking to 2021, CFI expects sector confidence will propel deal activity to a new high, fueled by tight credit spreads, low interest rates, and a healthy fundraising environment.
