Business Process Outsourcing
BPO services are expected to exceed $130 billion in the U.S. in 2020, according to IBIS. Managed services around IT infrastructure have seen an increasing demand in recent years. Cloud services in the AWS, Azure, and Google Cloud ecosystems, as well as Outsourced IT Security such as managed detection and response have been of particular interest. We believe that managed service providers will see continued M&A activity as many develop specialty knowledge about various technology experts that are sought out by investors.