Download PDFOctober 2021
Market Update: IT Services & Software in Centeral & Eastern Europe – Q3 2021
The deal markets in Central & Eastern Europe remain hot as buyers continue to show interest in the Central & Eastern European region in efforts to add off-and-nearshore capabilities as well as to capture the region’s expertise in the IT space. We expect the underlying M&A trends in Central & Eastern Europe to continue given the region’s high concentration of IT/Software talent, time zone advantage, and agile delivery methods.
7 Mile Advisors recorded 19 deals in the Q3 of 2021, a 10% decrease compared to Q2 2021. The slight decrease was due to the holiday season across Europe. However, deal valuations remain high as both strategic and financial buyers have been aggressive over the past six months acquiring software development, cloud analytics, and digital commerce service companies across all countries in Central & Eastern Europe.
7MA has completed numerous M&A transactions for companies with outsourced operations and/or delivery centers in Central & Eastern Europe and has developed unparalleled deal expertise and knowledge of the industry trends, valuation trends, and most active strategic and financial buyers. Please contact Kristina Sergueeva, Ilia Ulianchuk, or Nic Anderle if you would like to learn more about IT Services & Software across Central & Eastern Europe.
