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December 2019

IT Consulting

The IT Consulting industry is mature and typically grows in line with GDP (~3%). This sluggish industry growth trend has led many of the larger players to seek M&A, as a means to add additional fuel to their limited organic growth opportunities. In addition to using M&A to grow, industry consolidation is being driven by a desire to acquire talent both off-shore (in Eastern Europe and Asia) and near-shore (Latin America). With concerns that the global economy may be nearing a peak, we believe consolidation will continue as a means to offset potentially declining macro trends.