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November 2021
Digital Transformation
November 2021 continued the overall 2021 trend in all-time demand for digital transformation companies from an M&A perspective. Current YTD deal count numbers have already surpassed the two previous years combined, indicating extreme investor bullishness that will likely carry over into 2022. Market leaders are currently in a race to acquire sector experts to help service their clients optimally. This was exemplified this month when Persistent Systems acquired Shree Partners, a digital transformation company servicing financial services companies, to help bolster their payment services and regulatory compliance practices.