Welcome to the eighth 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 22 to December 22.
Each quarter we shine the spotlight on a specific sub-sector within the technology industry. This quarter we take a closer look at the Cybersecurity sector.
The UK tech market continues to be very active with 725 deals recorded between October 2022 to December 2022, with approximately 30% relating to an acquisition or a sale, and circa 68% relating to a funding round. Business/Productivity Software is the most active tech sub-sector for M&A in Q4 22 and London continues to lead the way geographically, with 366 deals completed in the quarter.
|
Quarter |
Total Deals (UK) |
Total deals (North East) |
Most active region of total deals |
North East share of deals |
Most active sector |
|
Q4 – 22 |
725 |
6 |
London (366 deals) |
c.1% |
Business/Productivity Software (8.59%) |
|
Q4 |
4,595 |
78 |
London (2,769 deals) |
c.1.6% |
Business/Productivity Software (18.6%) |
Source – MarketIQ
View our other North East: M&A Technology Sector Snapshots here.
