Tech services and software M&A entered Q3 2025 in a more selective but increasingly confident phase, with buyers concentrating capital on AI-, cloud- and data-led assets that can demonstrate resilient growth and defensible profitability.
Private equity remained the dominant force in larger tech services transactions, while strategics focused on targeted capability gaps in AI, cloud transformation, cybersecurity, and key enterprise ecosystems.
Download this edition to access:
- Analysis of Q3 2025 M&A activity in tech services and enterprise software/SaaS sectors, including deal volumes, values, and year-on-year trends.
- Detailed breakdowns of IT services and enterprise software markets, with key takeaways on buyer types, ecosystems (Microsoft, Salesforce, SAP, ServiceNow), and standout transactions like Synopsys-Ansys and Bain Capital-HSO.
- Insights into driving themes: AI/agentic AI adoption, cybersecurity resilience, cloud transformation, and valuation dynamics for AI-ready, profitable assets.
- Ecosystem snapshots, Q3 deal highlights table, Equiteq team profiles, and recent advisory transactions to benchmark positioning and strategy.
- Forward-looking guidance for founders, PE sponsors, and strategics on deal readiness, exit timing, and capturing premiums in an AI-led market.