HotViews Archive

Skip Navigation Links.
Collapse 2018 (57)2018 (57)
Collapse January (57)January (57)
Mastek making steady progress
18 Jan 2018
Ian Bell appointed new CEO of Police ICT Company
18 Jan 2018
CGI moves quicky: instates new UK President
18 Jan 2018
M&S extends with Capita
18 Jan 2018
Late payment - the scourge of small business
18 Jan 2018
H2 rally boosts Starcom
18 Jan 2018
Probation firms face punishing losses
18 Jan 2018
CloudCall gets boost from CRM integration
18 Jan 2018
EMIS fails to meet NHS Digital obligations
18 Jan 2018
Mercia coaches Refract with further funding
18 Jan 2018
techUK becomes Great British Scaleup Programme Official Supporter
18 Jan 2018
Services Automation - How to Make a Successful Business Case
18 Jan 2018
Mindtree picks up pace
17 Jan 2018
HeleCloud building in public Cloud
17 Jan 2018
Adept4 doubles FY17 revenue
17 Jan 2018
Actual Experience still hugging the ground
17 Jan 2018
Junior minister, Oliver Dowden, has hands full
17 Jan 2018
Identity platform Yoti valued at £65m
17 Jan 2018
Redwood takes SEP’s £25m to grow overseas
17 Jan 2018
HubBox clicks and collects $1.6m funding
17 Jan 2018
Cryptocurrencies plunge
17 Jan 2018
Honcho’s reverse auction funding surges forward
17 Jan 2018
Recruiter Gattaca hit by Carillion fallout
17 Jan 2018
ARE YOU READY TO BECOME THE NEXT GREAT BRITISH SCALEUP?
17 Jan 2018
BeMyEye spies growth with Task360
16 Jan 2018
TCS on a roll in life & pensions
16 Jan 2018
AI bests humans at reading comprehension
16 Jan 2018
Instem makes positive start to 2018
16 Jan 2018
Capita loses the Pru
16 Jan 2018
Communisis stays on track
16 Jan 2018
Trading update shows WANdisco is on form
16 Jan 2018
Anon AI secures £340k seed funding
16 Jan 2018
Hambro Perks joins The Dots with £4m funding round
16 Jan 2018
Sage has clear opportunity as Open Banking arrives
16 Jan 2018
Resurgent NCC Group grows H1 revenue 4%
16 Jan 2018
Divorce, technology style with Amicable!
16 Jan 2018
Government shared services: lacking courage or realistic?
15 Jan 2018
Tax Systems signal steady progress
15 Jan 2018
ATTRAQT CEO steps down
15 Jan 2018
Carillion's demise is ultimately bad for all Public-sector outsourcers
15 Jan 2018
Previse gets funding to go north of the border
15 Jan 2018
**NEW RESEARCH** Open Banking - It's Alive!
15 Jan 2018
Pentech pays attention to Digital Fineprint
15 Jan 2018
Plum Guide gets £5.7m to find you posh home lets
14 Jan 2018
Transamerica banks on TCS’ BaNCS
14 Jan 2018
Infosys holds steady as Parekh takes helm
14 Jan 2018
Disappointing end of year for SDL
12 Jan 2018
Leveling the playing field
12 Jan 2018
Azzure IT receives £2m in funding
12 Jan 2018
** NEW RESEARCH ** Cyber Security Supplier Prospects 2018
12 Jan 2018
Sparse month for UK tech M&A
12 Jan 2018
Stately progress for TCS
11 Jan 2018
Accenture extends reality with Mackevision
11 Jan 2018
Vermeg swoops in for Lombard Risk Management
11 Jan 2018
BT adds IBM to Cloud Connect Direct ecosystem
11 Jan 2018
Deloitte creates legal ructions with technology
11 Jan 2018
NOMINATIONS OPEN – GREAT BRITISH SCALEUP EVENT MARCH 2018
11 Jan 2018

UKHotViews©

 

Friday 12 January 2018

Sparse month for UK tech M&A

chartAlthough there were fewer European TMT M&A transactions announced in December, there were 21 deals valued at more than $100m including 5 in excess of $1b, according to latest data from rom corporate finance firm Regent Partners. This helped lift the aggregate value to $32b in the month. Valuation multiples remain healthy with the aggregate Price/Sales ratio up from 1.3x in November to 1.4x in December but the Price/EBITDA ratio was down from 10.0x in November to 9.3x.

None of the megadeals involved UK software and IT services companies. Indeed it was a rather quiet month on the home front, with UK deals including First Derivatives’ acquisition of Spain’s Telconomics, and buy-and-build play Castleton Technology buying again, this is time Australia’s Kinetic Information Systems.

There were also a couple  of salvage deals for UK startups, with now US-owned quick-response delivery platform Henchman buying the remnants of failed Jinn (see Henchman provides tonic for flat Jinn), and Chicago-based Victory Park Capital moving from backer to owner of UK-based ‘posh e-pawnbroker’ Borro.

Subscribers to the TechMarketView Foundation Service can read our regular quarterly summaries of corporate activity in the UK software and IT services sector in IndustryViews Corporate Activity, or just search on ‘acquisition’ in the UKHotViews archive.

For further information, please contact our Client Services team at info@techmarketview.com.

Posted by HotViews Editor at '06:00' - Tagged: acquisition  

Add a comment Add a comment Twitter   Facebook   LinkedIn   Email article link




© TechMarketView LLP 2007-2018: Unauthorised reproduction prohibited see full Terms and Conditions.