Strong growth in TMT M&A

Overall, the volume of technology, media and telecommunications (TMT) sector deals has risen steadily over the last 12 months.

This is largely due to an increasing number of global organisations and well-funded private equity houses looking for high quality UK acquisitions and to deploy capital in the sector. We have also seen an increasing number of companies list on AIM to fund future growth.

The sector continues to benefit from digitalisation, particularly in the UK public sector. Other factors positively influencing TMT include:

  • the need to automate processes to reduce costs
  • disruption in the financial services sector
  • increased spend on cybersecurity and compliance
  • investment in fibre roll-out across the UK
  • the exponential increase in data and content consumption.

Private equity options

Recent private equity exits in the sector have created significant returns for shareholders, and overall deal values are up on previous quarters. Options to access capital and crystallise value are also available for high quality TMT businesses. The consequence has been a further upward trajectory in valuation multiples, particularly for those leading technology businesses with growth and scale.

Read more about our latest TMT credentials in Leading the way [ 3304 kb ]. If you’re considering strategic options for 2018 and beyond, please contact Andy Morgan.

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Leading the way 2021

Our annual credentials report reviewing our deals success

Take a look at how our key sectors have performed over the last year