ConnectWise’s acquisition of Service Leadership and Pax8’s new partnership with RocketCyber are among the highlights.
2020 was a year of twists and turns and ups and downs that not even the most adept of fortune tellers could have predicted. Finding one’s business bearings was, at times, like trying to find a cotton ball in a blizzard.
Yet somehow, through the chaos, spending on tech mergers and acquisitions (M&A) soared to its highest level in years. Almost impossibly, the total value of tech and telecom transactions announced around the plague-ravaged world in 2020 topped $600 billion, according to 451 Research’s M&A KnowledgeBase. MSPs were at the center of many deals.
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According to S&P Global’s Market Intelligence’s annual Tech M&A Outlook, there are a few key highlights worth noting:
Already in the second month of 2021, the appetite for M&A shows no signs of slowing. See our slideshow above to see which recent deals have made headlines, most notably in the MSP community.
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