Welcome to the fourth edition of the North East: M&A Technology Sector Snapshot – a joint production from Ryecroft Glenton Corporate Finance and Mercia Asset Management PLC.
We publish a snapshot each quarter to provide information on national themes in the UK tech sector, as well as focusing on developments closer to home, in the North East.
The snapshot provides an insight into key industry trends, current market data, news and an overview of recent transactions. In this issue, the deal round up covers the three months from October 21 to December 21.
Each quarter we shine the spotlight on a specific sub-sector within the technology industry. This quarter we take a closer look at the FinTech sector.
The UK tech market continues to be very active with 227 deals recorded between October 2021 to December 2021, approximately 40% relating to an acquisition or a sale. In contrast to the last two quarters analysed, IT Services & Outsourcing was the most active sub-sector for M&A in Q3. London continues to lead the way geographically, with 34% of all deals from October to December 2021, albeit the quarter saw a good level of activity in the North East too.
|
Quarter |
Total Deals (UK) |
Total deals (North East) |
Most active region of total deals |
North East share of deals |
Most active sector |
|
Q2 – 21 |
296 |
9 |
London (40%) |
3% |
Software (38%) |
|
Q3 – 21 |
264 |
3 |
London (38%) |
1% |
Software (34%) |
|
Q4 – 21 |
227 |
10 |
London (34%) |
4% |
IT Services & Outsourcing (32%) |
Source – MarketIQ
View our other North East: M&A Technology Sector Snapshots here.
