The latest quarterly update on IT services M&A in Q4 2023 reveals that public company valuations have finally stabilized. This follows a significant downturn in the market valuations during Q4 2021 and Q1 2022. In the private markets, multiples have also steadied, with revenue multiples decreasing from 3.3x in 2021 to a median of 2.7x in 2023. These figures indicate a more balanced and predictable landscape for IT services mergers and acquisitions.
Find out more M&A insights for the IT Services sector in this Q4 2023 update.