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February 2020
IT Consulting
The IT Consulting industry has experienced sluggish growth over the last few years, averaging 4% from 2014-2019. As such, many of the larger players are looking to M&A as a means to add additional fuel to their top line. Besides a need for growth, IT Consulting 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 to offset potentially declining macro trends.