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 and outsourced IT security like managed detection and response have been of particular interest. 2020 has seen an increase in M&A activity compared to 2019 and we believe that managed service providers will see continued activity as many develop specialty knowledge about various technology experts that are sought out by investors.