Capital Times represents the Tech M&A report 2020 that contains the results of the overview of M&A trends and activities in the IT sector with a special focus on IT services.
✅M&A activity rebound. In the first half of 2020, M&A activity dropped drastically, because of the COVID-19 outbreak. Investors went through months of adaptation to the new way of doing transactions. The M&A market started to rebound by the end of 2020.
✅COVID-19 affected IT the least. IT sector has suffered least from COVID-19, compared to the rest of the market, as the demand for IT solutions increased when businesses went online.
✅M&A practice adapts. The market promptly adapted to the new way of doing business. M&A online became a new normal.